10/18/12
Marketplace for Thursday, October 18, 2012
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Episode Description:
Google accidentally reported their dismal quarterly earnings early today and their stock price came tumbling down. Journalist Jeff Jarvis talks about Newsweek's announcement that it will go online only after this year. New York Mayor Michael Bloomberg is investing millions of his own money into a new super PAC in hopes of helping some congressional candidates. Online review site Yelp will now post online alerts outing businesses suspected of soliciting paid recommendations. And we continue our collaboration with Frontline with an investigation into why some Americans have a problem with secret campaign donations.
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Google shares drop as declining ad prices hit profits
Google's quarterly earnings report was mistakenly released while markets were open, instead of after. A 20 percent drop in profits, as prices of online and mobile ads decline, sent shares down immediately.
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The 'Citizens United' decision, and why it matters
A primer on the Supreme Court case that changed the way money could be spent in elections.
12
Secret campaign donations -- so what?
Nonprofit social welfare organizations may become more potent political donors than super PACs. And they don't have to disclose who gave money.
1
Tomato war fought by Mexican and U.S. growers
Florida tomato farmers are pushing the Obama administration to end a 16-year-old tomato import agreement with Mexico. Critics smell election-year pandering and worry about Mexican retaliation against other U.S. industries.
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Bloomberg moves to extend reach with super PAC
The New York mayor's new super PAC isn't the first time he's tried to change things nationally and around the world.
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Entrepreneur channels San Bernardino's history
In the bankrupt city of San Bernardino, Calif., one entrepreneur isn't waiting for help from City Hall to achieve what he calls his destiny -- to launch a global fast food chain from the city.
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Yelp starts branding companies for buying fake reviews
The popular review site will now post online alerts outing businesses suspected of soliciting paid recommendations.
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Montblanc to capture a 'World Second'
The luxury goods company Montblanc is about to do same-day projects one better.
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