Marketplace for Tuesday, June 25, 2013
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President Obama unveils his plans for climate change policy over the next few years, but how much can he really get done without Congress? Also, Carnival relieves its longtime CEO. And the financial implications of the comeback of a 1980s-era hair style: The hi-top fade.
Posted In: high speed rail, U.K., rail, train, Transportation
Britain's government wants to spend billions on a high-speed rail system. HS2 -- as it's called -- could cut some journey times in half but critics say it would harm the countryside and trains are yesterday's technology.
Posted In: lawyers, madoff, financial crisis, Lehman Brothers
The layoffs at law firm Weil, Gotshal & Manges show that some companies face a crisis now that the business of cleaning up the financial crisis is over.