Marketplace for Monday, November 4, 2013

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Episode Description 
The hedge fund SAC has plead guilty to insider trading. The government has drawn a line in the sand when it comes to trading in material non-public information, but where exactly is that line drawn? Kellogg's slashed 7 percent of its workforce, and it planning to market more to older consumers, not kids. Finally, the tentative takeover offer from BlackBerry’s largest shareholder for the company has collapsed.  Instead of purchasing BlackBerry and taking it private,  Fairfax Financial Holdings, and an unnamed group of institutional investors will invest $1 billion in the struggling company.  

The funniest man on Twitter

Comedian Rob Delaney talks about tweeting his way to fame.
Posted In: comedian, Rob Delaney, Twitter, comedy

Kellogg's tries breakfast without the spoon

Kellogg's slashed 7 percent of its workforce to grow profits, and it plans to market more to older consumers.
Posted In: Kellogg's, cereal

SAC Capital founder plummets to No. 59 on rich list

Steven A. Cohen drops from No. 45 on the richest Americans list.
Posted In: SAC, jobless, richest Americans

Blackberry is saved. No, it's dead. No, it's ...

The tentative takeover offer from BlackBerry’s largest shareholder for the company has collapsed.
Posted In: Blackberry, rim

SAC's $1.2B fine: When does a scoop become insider trading?

The hedge fund SAC has plead guilty to insider trading. The government has drawn a line in the sand when it comes to trading in material non-public information.
Posted In: SAC, Steven A. Cohen, hedge funds

Buying your way onto the Hollywood Walk of Fame

Movie studios, fan clubs or anyone can raise the funds for a star.
Posted In: hollywood, Janis Joplin, Matt Damon

Army ROTC gets cut across the country

Early last month, the Army announced that by 2015, it'll cut 13 ROTC programs across the country.
Posted In: ROTC Navy, Air Force ROTC

Detroit: A city built for 2 million, with 700,000 left

Detroit's infrastructure problems grind on, despite bankruptcy.
Posted In: Detroit, bankruptcy, Motor City, infrastructure

Music from this show

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Modern Columns
French Wives
The New Beer Song (Instrumental)
Dujeous
God Made the World
Cold Cave
Pyramids [Explicit]
Frank Ocean

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