Marketplace for Monday, March 18, 2013
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A look at why a bank run on a small European island is having so disproportionate of an effect on global markets, and on saver sentiment in other European countries. Plus, President Obama nominates Thomas E. Perez to head the Labor Department -- but what exactly does the Secretary of Labor do? And, Republican advisers have released plans to grow their party. Some high-profile conservatives say the party needs a message makeover to be competitive. How do corporate marketers view the challenge?
Posted In: cyprus, Europe debt crisis, bailout
Anyone with cash in a bank account in Cyprus could lose up to 10 percent of it, as a one off tax to help fund a bank bailout.
The Danish toymaker Lego continues its string of successes: The company has tapped into a growing Asian middle class; it has gotten girls to decide that Legos aren't just for boys; and it's found a way to make plastic bricks tell elaborate stories.