Marketplace for May 25, 2011

Episode Description 
Marketplace for May 25, 2011

High demand for Russian Internet search company stock

Shares in the Russian Internet search company Yandex shot up today. In the company's IPO yesterday, demand for shares was 17 times the number available.
Posted In: Investing

Students get big payday for skipping school

The Thiel Foundation announced 24 winners of its first fellowship. Each winner gets $100,000 to sit out of college for two years.
Posted In: Education

Letters: Social impact bonds and not feeling bad for CEOs

Going over listeners' responses to past broadcasts. This week: social impact bonds, eating pigs nose-to-tail and not feeling sorry for CEOs.

Tyson Foods bets on dark meat chicken

Chicken legs and thighs are piling up in warehouses as China and Russia buy less. So Tyson will sell more dark meat in smoked sausage and pizza toppings to Americans.
Posted In: Food

Big banks unveil e-payment system

Bank of America, Wells Fargo and JPMorgan Chase will offer transfers via smartphone in order to keep customers, cut costs and battle PayPal.
Posted In: Banks

Danger in the Eurozone

Greece is a major European concern. But the country's debt crisis should alarm the U.S., too.

Number of roll-your-own cigarette shops billows

It's cheaper to roll your own cigarettes. But regulators say roll-your-own shops are really cigarette manufacturers, subject to all applicable laws and taxes.
Posted In: Crime

Feds unveil new fuel economy labels

Now consumers can compare, say, a hybrid with a regular gas-powered car. And see how much fuel or electricity it takes to drive 100 miles.
Posted In: Auto

Music from this show

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Simply Put
Georgia Anne Muldrow
Dirty Blonde (Album Version)
The Bad Plus
Whatcha Say
Jason Derulo
Almost A Year Since [Explicit]
Oddisee