MID-DAY UPDATE: stock exchange merger, Egypt, workers’ union, and Civil War tourism
Now that the German and New York stock exchanges have tied the knot, it’s time to discuss which entity is going to take a new name. Germans think the name should be distinctly German. Americans only care about preserving “New York”. The merged exchanges have turned to social media for suggestions. How about “Stock-Toberfest”?
It’s been one week since Hosni Mubarak resigned his presidency in Egypt, and civilians have shifted their focus to the stock market, which is set to reopen soon. Economists are worried the Egyptian stock market will take a hit after opening. According to the BBC’s Rob Young, citizens are using Facebook to encourage investing.
Wisconsin GOP lawmakers seeking to reduce the state’s deficit want to pass a bill that weakens the state workers’ union. Steve Chiotakis speaks with Jill Schlesinger, editor-at-large for CBS/MoneyWatch, about how budget woes could influence other states to do the same.
This year marks the 150th anniversary of the Civil War and the National Park Service, and historical sites are hoping to profit off the renewed interest in historical tourism. New websites created to encourage historical tourism offer site maps, driving routes, even restaurant and shopping recommendations.
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