Marketplace for Tuesday, September 11, 2012
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World Trade Center developers have brought a lawsuit against United and American Airlines for not doing enough to prevent the September 11th attacks. The IRS awarded $104 million awarded to a banker who blew the whistle on his company, but was also convicted of being part of the conspiracy. There are signs that the luxury goods sector is finally being affected by a weak economy. A North Carolina community college is training students so that they are qualified for manufacturing jobs requiring new skills. And Sarah Gardner talks to journalist Bob Woodward about his new book “The Price of Politics,” which examines the 2011 debt ceiling crisis.
Posted In: fiscal cliff
Bob Woodward has been writing about politics and power since the '70s when he and Carl Bernstein broke the Watergate story. His latest book takes the reader inside the Obama White House during last summer's debt ceiling crisis.
Posted In: luxury, Retail, Burberry
Weeks of flat store sales at the high-end British clothier could be a sign that China's economic slowdown and Europe's debt crisis are ending a nearly three-year boom in demand for luxury goods.
Posted In: airport, security, september 11, world trade center
Because of an insurance dispute, after all these years, a jury may take on the question of whether airlines' poor security was responsible for the World Trade Center disaster.