Marketplace for Monday, April 9, 2012
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One billion dollars: That's how much Facebook is going to pay in cash and stock for the mobile photo-sharing company Instagram. Meanwhile, AT&T said it's going to sell a majority stake of its Yellow Pages unit for $750 million. Natural gas production is booming, but the U.S. is running out of places to store it. And with Tax Day around the corner, we look at why filing taxes is not just a once-a-year thing; we are taxed every single day. Plus, one commentator explains why taxes are a fraud.
Posted In: Jobs, Unemployment, employee training
The economy's doing better, but unemployment is still at over 8 percent. Lots of jobless workers have turned to federally-funded retraining programs, but as New York Times reporter Motoko Rich reports, funding is running dry.