Marketplace for Wednesday, February 15, 2012
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"Linsanity" is everywhere. What is the economic impact of Jeremy Lin off the court? Kellogg's is buying Pringles from Procter & Gamble for $2.7 billion. Lawmakers agree to extend benefits for the long-term unemployed, but commentator Betsey Stevenson says more unemployment assistance is merely a band-aid. Kai Ryssdal talks to David Wolman, author of "The End of Money," about why getting rid of physical cash makes economic sense.
Posted In: lightsquared, wireless, wifi, gps, broadband, national broadband initiative
Federal officials have nixed a plan by broadband company LightSquared to build a national wireless network. Politico's Eliza Krigman explains why and discusses what happens next.