Marketplace for Monday, August 20, 2012

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Episode Description 
The business of news is changing, with more and more news offered and read online -- but that's leaving older readers behind. The Detroit Institute of Arts has managed to save itself from closure by getting local residents to agree on an additional tax to fund the organization. Health care giant Aetna announced it's going to buy rival Coventry Health Care. The revolution in Libya has affected one unlikely business: A family-owned sawmill in Louisiana. And in our new series "Payday," we learn that telling someone how much you make is still taboo, but the secrecy around our salaries may be leading to unfair compensation.

No vacation from euro debt crisis in Greece

It's vacation time across Europe, but it's not all sunshine for Greeks. The debt-laden nation has fallen behind in implementing reforms and austerity measures.
Posted In: Greece, Greek debt

Detroit art museum wins taxpayer support

The Detroit Institute of Arts avoided a fiscal cliff when voters in three counties approved an tax increase that directly funds the 125-year-old museum.
Posted In: non-profit, Arts, tax, millage, Detroit

How much you earn - the last taboo?

Most employees still don't feel comfortable revealing how much money they make to family, friends, and coworkers.
Posted In: salary, compensation, income

Scaled-back newspapers leave older readers behind

As more newspapers scale back production to just three or four days a week, what will come of subscribers who prefer paper to pixels?
Posted In: newspapers

Louisiana lumber firm counts Libya as its top customer

Libya is expected to grow as a market for U.S. exports, but a small timber company in Louisiana has been relying on Libyan customers for years.
Posted In: Libya, export

What's the value of Augusta's green jacket?

The home of the Masters admits its first female members. Are the benefits worth the costs for members?
Posted In: Golf, women

'Middle class' to melt away at political conventions

We've heard a lot in recent years about the disappearing middle class. Well, anyone attending either the Republican or Democratic National Conventions will be able to watch it happen.
Posted In: conventions

Music from this show

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Northside Diehard (Instrumental)
The Trial Of The Century
French Kicks
We Are Young (feat. Janelle Monáe)
The Set-Up
City Champs

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