05/25/11
Marketplace for May 25, 2011
Episode Description:
Marketplace for May 25, 2011
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0
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.
15
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.
0
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.
8
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.
3
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.
2
Danger in the Eurozone
Greece is a major European concern. But the country's debt crisis should alarm the U.S., too.
9
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.
1
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.
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