Marketplace for Wednesday June 18, 2014
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The House elects its new majority leader Thursday, and Kevin McCarthy is expected to win. He’d be the No. 2 person in the caucus, responsible for helping to set the agenda. But the leader has another role that might be even more important: raising money for the party and colleagues, something the recently deposed majority leader, Eric Cantor, was very good at. Plus, millions of recalls are issued every year, but only a fraction of car owners come in for the fix. Why? We look into possible problems on the dealer end, and possible problems on the consumer end. Also, the US Patent office has ruled the Washington Redskins’ name disparages Native Americans and says the team's federal trademarks for the name must be canceled. The team faces a massive potential loss of revenue if others ultimately use the name on tee-shirts and other merchandise. How will the team and the NFL be affected and how are they likely to react?
Posted In: GM, car recalls
Some owners think the dealer will soak them for other repairs.
Posted In: elections, Congress, campaign finance
Job number #1 is to keep the majority. To do that, you need money. Lots of it.
Posted In: Kenya, online banking, currency
Kenya's M-pesa's system has revolutionized how its citizens carry and use money
Marketplace Datebook for Thursday, June 19, 2014
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