Marketplace for Wednesday, October 13, 2010

Segments From This Episode

• JPMorgan Chase reports 23 percent increase in 3Q profits

  by Jeremy Hobson

  JPMorgan Chase and other banks are focusing on very different things than before the financial crisis.

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• It’ll be $300 for your own slice of Apple

  by Alisa Roth

  Shares for Apple are just over $300, making it the second most valuable company in the U.S. by market capitalization.

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• ICE and LA County continue collaboration over illegal immigrant inmates

  by Jeff Tyler

  The Los Angeles County Board of Supervisors upheld a program that would allow county sheriff's employees to interview suspected undocumented inmates and pass their findings onto federal immigration officials. The county may save millions with the deportation of undocumented inmates.

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• Wal-Mart’s thinking small

  by Marketplace Staff

  Wal-Mart — which is know for its massive Supercenter stores — is reversing course and will be rolling out smaller stores in urban areas.

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• Frum: Remove caps on how much parties can donate to candidates

  by Marketplace Staff

  Commentator David Frum has an idea on how to reduce the influence of donors on political candidates, so they can focus more on the issues.

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• U.K.’s military spending on the chopping block

  The cash-strapped United Kingdom has been cutting programs and services left and right, including military spending. Cuts the U.K.'s military budget is cause for concern for British citizens and the United States too.

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• Elmore Leonard: Why he was drawn to bad guys, but not to Wall Street

  by Kai Ryssdal

  Elmore Leonard, a former adman who later became one of America's foremost crime writers, has died. He was 87. In 2010, Leonard sat down with Marketplace host Kai Ryssdal to discuss why he's drawn to bad guys.

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