Marketplace for Monday, May 27, 2013
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Memorial Day kicks off the summer travel season and while Americans may indulge in an occasional long weekend, Europeans are gearing up for several weeks of vacation. Here in the U.S., companies like Time Warner Cable and Yahoo are reportedly bidding between $600 million and $800 million for video streaming service Hulu. U.S. military applications are up as youth unemployment continues to soar, so military recruiters are fine-tuning the admissions process. And Mexico's economy is booming and now big companies targeting the U.S. market are relocating from China.