Marketplace for Wednesday, January 12, 2011

Episode Description 
Marketplace for Wednesday, January 12, 2011

The next step for Haiti: Trade

A year ago today, almost a quarter million people were killed in the Haitian earthquake. The country's poor economy is still trying to recover, and as Jeff Tyler reports, the biggest potential lies in trade.

Did Borders grow too fast?

Borders pioneered the book superstore back in the 1970s, but now with online booksellers and retail supercenters taking over the book market, it isn't doing so well. Janet Babin reports on Borders' future.
Posted In: Retail

ITT splits into three companies

Manufacturing conglomerate ITT announced today that it's splitting into three separate companies, focusing on aerospace and defense, industrial products and water management. Bob Moon explains why the decision to split a large conglomerate can be a good idea.
Posted In: Entrepreneurship, Mergers and Acquisitions

Geithner addresses Chinese currency issue

U.S. Treasury Secretary Timothy Geithner today mapped out what he called "the path ahead" for the U.S.-China relationship. He pointed out that China needs to stop undervaluing its currency and stealing intellectual property.
Posted In: China

Letters: Girl geeks, an economists's code of ethics?

Kai Ryssdal reads your letters and comments in response to our stories on bad bond ratings, the Internet equalizing geeks and whether economists should have a code of ethics.

Curbing the pay of London's 'City Boys'

In an effort to try and curb hefty bonuses, and perhaps risky behavior, in the financial sector, a group of labor unionists, journalists and academics from the U.K. have launched a high pay commission. Stephen Beard reports on their efforts.
Posted In: Banks

Settling your tab without a wallet

A future without a bulky wallet weighing you down may be closer than you think. Steve Henn reports on card-less pay options in development and takes his smartphone, tricked out with a special bankcard chip, for a spin.
Posted In: Credit Cards

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