Mid-day Update

02/22/17: Watching $100 million go down the drain

David Brancaccio Feb 22, 2017
HTML EMBED:
COPY
Mid-day Update

02/22/17: Watching $100 million go down the drain

David Brancaccio Feb 22, 2017
HTML EMBED:
COPY

We’re exploring the financial turmoil that ABB, a Swiss engineering group, is currently facing. The company may lose $100 million because of a criminal scheme at a South Korean subsidiary. Next, we’ll talk about a turnaround for U.S. coal mining companies and then take a closer look at one small California community where arsenic is contaminating its groundwater. 

As a nonprofit news organization, our future depends on listeners like you who believe in the power of public service journalism.

Your investment in Marketplace helps us remain paywall-free and ensures everyone has access to trustworthy, unbiased news and information, regardless of their ability to pay.

Donate today — in any amount — to become a Marketplace Investor. Now more than ever, your commitment makes a difference.