Marketplace for Wednesday, February 26, 2014
Corporations are urging the governor of Arizona to veto legislation that would allow businesspeople to refuse service to gays. The corporations say this could harm their ability to do business in the state. We look at how corporations could be affected, and how a state could be affected if it bucks corporations. Also: Credit Suisse is the subject of a Senate hearing today. The IRS says bankers at CS helped US citizens hide bank accounts, and thus dodge We report on how these tax dodgers got their dollars out of the US, and what will happen to them, now that they’ve been busted. Finally, Target says the security breach that hit its stores between Thanksgiving and Christmas cost the company $61 million. But the net loss is only $17 million, thanks to cyber insurance policies Target had to hedge its risk about this kind of threat.