Mid-day Update

PODCAST: The fine Halliburton can probably survive

David Brancaccio Jul 26, 2013
HTML EMBED:
COPY
Mid-day Update

PODCAST: The fine Halliburton can probably survive

David Brancaccio Jul 26, 2013
HTML EMBED:
COPY

Bad news for Halliburton this morning — the oil services company has admitted to destroying evidence connected to the Gulf spill in 2010. The business will pay a $200,000 penalty, but says it will not face any criminal prosecution for the act.

Delayed by everything from the Great Depression to World War II to the city’s near bankruptcy in the 1970s, New York’s Second Avenue subway line is finally being built. Its eventual completion will make commutes easier, but its protracted construction is currently hellish for small businesses above the future tracks.

And what’s up with the sell-off of municipal bonds?

We’re here to help you navigate this changed world and economy.

Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.

In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.

Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.