Marketplace for Tuesday, July 3, 2012
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California lawmakers passed a Homeowners Bill of Rights to help with foreclosure relief. A tobacco tax tacked onto a transportation bill now puts smaller tobacco stores under the same rules as Big Tobacco. The City of Niagara Falls has a new incentive to boost population -- paying off student loans for young people who move there. The Weather Channel has bought The Weather Underground, a crowdsourcing site for weather enthusiasts. New York bureau chief Heidi Moore explains LIBOR and Bob Diamond's resignation as CEO of Barclays. And Wealth & Poverty reporter Krissy Clark takes a closer look at what "all men created equal" meant at the time the Declaration of Independence was being written.
Posted In: 4th of July
Is the bad economy or the bad weather going to affect your holiday plans this year? Let us know.
Posted In: Barclays, LIBOR
Every American bank is involved in the investigation looking into whether Barclays engaged in a type of price fixing on a key global interest rate.
Posted In: student loan, Niagara Falls
Niagara Falls offers to help new residents with their student loans, the latest incentive cities have offered in efforts to revitalize themselves.
Posted In: Mergers and Acquisitions, Weather Channel, Weather Underground
Cable's The Weather Channel seeks to bolster its forecasting credentials by acquiring Weather Underground, weather buffs' favorite source for learning which way the wind blows.