Marketplace for Monday, May 5, 2008
Posted In: Entrepreneurship, Housing
Many homeowners are frantic to refinance as their home values drop. But on the other side of the equation are buyers who are refusing to jump in until the market hits bottom. How will they know when it does? Dave DeWitt reports.
Posted In: Taxes
New York state is requiring online retailers to charge sales tax if they have marketing agreements with businesses in the state. It's prompted an Amazon lawsuit. But commentator Michael Mazerov says Internet retailers should play by the same rules as the shop on the corner.
The Associated Press and 100 of its member newspapers have launched a service that will allow you better access to local news on the go. Lisa Napoli explains.
Posted In: Economy
New York City's art auction season opens today. Sotheby's and Christie's are hoping to sell $1.8 billion worth of works -- 25% more than last year. Jill Barshay reports on the art bubble that's just getting larger, despite a struggling U.S. economy.
Chinese President Hu Jintao leaves Tuesday for a five-day visit of Japan aimed at healing tensions between Asia's two biggest rivals. They're expected to unveil a plan for managing their economic interests in the coming years. Scott Tong reports.
Posted In: Investing, Wall Street
Investors in the insurance company Aflac have become the first shareholders of a major U.S. company to vote on top executives' salaries. They overwhelmingly rubber-stamped a pay package put together by the board of directors. John Dimsdale reports.