05/26/11
Marketplace for May 26, 2011
Episode Description:
Marketplace for May 26, 2011
0
Newspapers jump on the group-buying bandwagon
In a move to bring back local advertisers, daily papers like the Boston Globe have created their own group-buying sites to compete with Groupon and LivingSocial.
4
House GOP unfurls plan to create jobs
Except the ideas in the GOP proposal aren't new. One is lowering taxes across the board to 25 percent. We've had tax cuts before, so does the theory that they create jobs match reality?
0
G8 meeting avoids focus on economic recovery
The G8 Group of Industrialized Nations meets today in Deauville, France. Some say it should focus more on boosting global economic recovery.
1
GDP figures confirm sluggish economic growth
Contrary to expectations, the government didn't revise first quarter growth up from 1.8 percent. Weak consumer spending and factory output mutes the outlook.
2
Supreme Court upholds Arizona immigration law
The Supreme Court today upheld an Arizona law punishing businesses that hire undocumented immigrants. Some businesses opposed the law.
4
Canada's oil sands reach for U.S. markets
The debate over the Keystone XL pipeline has environmentalists and oil companies squaring off, forcing the Obama administration to choose a winner and loser.
0
Heinz cuts jobs and factories
The ketchup maker is being squeezed by high commodity and fuel prices.
8
The 'reckless' behavior that led to the financial crisis
Gretchen Morgenson, co-author of the book "Reckless Endangerment," discusses the role housing and real estate played in the financial crisis.
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