Marketplace for Wednesday, June 13, 2012
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New York bureau chief Heidi Moore discusses JPMorgan CEO Jamie Dimon's testimony in front of the Senate Banking Committee today. In the latest installment of Freakonomics, Stephen Dubner talks about how despite convential wisdom, investing in labor can help a company's bottom line. Colleges are admitting more students from their waitlists -- but is that a good thing? Berkshire Hathaway makes what seems like a counter-intuitive move: investing in the private jet business. And Stephen Beard continues his A Man Walks Into a Bar series in Madrid, Spain.
Posted In: Senate Banking Committee, JPMorgan
Sixteen senators from the Senate Banking Committee have taken campaign contributions from JPMorgan's political action committee. We called them for comment.
Posted In: Vermont, dairy, milk
As the costs of running a farm rise, farmers are getting paid less for their milk. That's forcing some farmers to get bigger or auction off their cows.
Posted In: health care reform law, health care, Affordable Care Act
Commentator Robert Reich says health insurance lobby could unwittingly revive the "public option."
Posted In: customer service
Companies that offer higher wages for employees and more money for training turn out to be more profitable.
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