Posted by Katharine Crnko
For Marketplace Morning Report, Wednesday, November 24, 2010
Software maker SAP will have to pay its arch-rival Oracle Corporation $1.3 billion for stealing corporate secrets. A jury found that an SAP subsidiary had illegally downloaded millions of Oracle’s files off the Internet.
‘Because the government can’t print more of it.’ That’s one reason behind gold’s high price, and it’s why food prices are spiking too. Also benefiting? Farm equipment.
If you’ve ever been stuck without your bank’s ATM in the area, you know the drill: the “convenience fee.” These days, it could run up to $3. Why so high? Jeremy Hobson discusses the issue with the L.A. Times’ David Lazarus.
There is a business angle to the turmoil on the Korean Peninsula, and it involves China, the largest economy in the region.
Time Warner is set to roll out new cable packages, aimed at both high-end customers and those on the budget. Strapped for cash? Don’t bet on getting any great customer service from the cable guy, then.
The Irish government has unveiled an bare-bones, scaled back 4-year budget that’ll knock back $20 billion using new taxes and spending cuts.
The number of people filing for unemployment benefits last week fell to 407,000 last week. That’s the lowest level since a couple months before Lehman Brothers collapsed.
Steve Chiotakis speaks to George Hobica, he’s founder of Airfarewatchdog.com about passenger reactions to new TSA regulations and how it’s affecting the travel industry.
Here are the songs we played:
- Disco China — Gobin Buy
- [untitled] — Neutral Milk Hotel Buy
- I Was Never Young — Of Montreal Buy
- Finding Out True Love Is Blind (Album/EP Version) — Louis XIV Buy
- I Will Possess Your Heart — Death Cab for Cutie Buy
Cheers to trustworthy journalism!
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