Marketplace for Wednesday, September 19, 2012
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In case you haven't heard, a little company known AEG was just put up for sale -- and for a few billion in loose change, it can be yours. We look at who's stepping up to the auction block. Plus, American Airlines is hitting some rough turbulence as it makes its way through bankruptcy reorganization. The company's sending layoff notices to more than 11,000 workers, and union pilots are up in arms over possible union concessions. What does that mean for you? A crazy jump in late and canceled flights. Meanwhile, across the Pacific, Rob Schmitz takes a look at what China's rural poor think about the country's coming elections and, back at home, Freakonomic's Steven Levitt breaks down when to hold 'em and when to fold 'em during online poker.
Posted In: School, strike, teachers, lost wages
The seven days that schools were closed in Chicago felt more like an eternity to parents who had to find childcare during the teacher strike. Kai checks in with Sheila Coleman, whose 12-year-old daughter was actually happy to return to school Wednesday.
Posted In: AEG
You may not be familiar with AEG, but it's quite likely you've watched one of its teams or attended a concert in one of its arenas. Now, the private company is for sale.
Posted In: China, China's Economy, China's Politics
As China prepares for the first leadership transition in a decade, Marketplace's Rob Schmitz talks to passengers on China's slowest and fastest trains to find out whether they think country is on the right track.