Marketplace for Friday, May 25, 2012
Episode Teaser Image
Apple chief Tim Cook will not take a $75 million dividend on his stock in the company, which will help him keep a low profile as more CEO salaries come under fire. Some of Facebook's individual investors are trying to get some of their money back from brokers. Former Red Sox star Curt Schilling laid off all the employees of his video game company yesterday, possibly leaving the state of Rhode Island on the hook for tens of millions of dollars in loan guarantees. And Kai Ryssdal talks to high school freshman Jack Andraka about his winning project in the 2012 Intel International Science and Engineering Fair.
Posted In: Science
High school freshman Jack Andraka won $75,000 in scholarship funds, and $12,000 in cash for his project, which can detect cancer in its early stages.
Posted In: Curt Schilling, Rhode Island
The former Red Sox pitcher's video game company, 38 Studios, is in deep financial trouble. What that means for Rhode Island, which gave the company a $75 million loan.
Posted In: Facebook, Traffic, student loan
The news that didn't quite make the headlines. This week: Facebook can predict the stock market, U.S. traffic is down (but not on L.A.'s 405 freeway), and paying off loans with cash.