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Jul 11, 2012

Marketplace for Wednesday, July 11, 2012

House Republicans are set to repeal Obama’s Affordable Care Act tomorrow — but why waste the time and money over the inevitable roadblock? New York bureau chief Heidi Moore says Americans shouldn’t turn away too fast from Britain’s ugly LIBOR scandal. Reporter Mitchell Hartman does some fact-checking on the economic plans of the presidential candidates. China bureau chief Rob Schmitz continues his new series on the Street of Eternal Happiness, introducing us to a flower shop owner there. And how much time do we waste watching cat videos on YouTube?

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Segments From This Episode

The Street of Eternal Happiness: The Migrant
by Rob Schmitz
Meet Zhao Silin: Migrant, factory worker, mother, and owner of a tiny flower shop on Changle Road in Shanghai, otherwise known as The Street of Eternal Happiness.
Letter: ‘Zales does not sell cubic zirconia products’
by Kai Ryssdal
A listener makes a correction to one of our previous stories.
Can big fraud settlements curb corporate misdeeds?
by Marketplace Contributor
Commentator Robert Reich says top officials need to feel the heat in order to change corporate behavior.
U.S. Army cuts NASCAR ties
by Marketplace Contributor
Congressional critics say the recruiting money used to sponsor sporting events like Stewart-Haas Racing could be spent more effectively.
What is the cost of a House vote?
by Nancy Marshall-Genzer
Congress votes on repealing Obamacare for the 33rd time. Are symbolic votes worth the cost to taxpayers?
Would an income tax hike hurt hiring?
by Mitchell Hartman
Fewer than a million small-business owners would likely face higher taxes. And some would keep hiring anyway.
What’s up, Europe? Protesters in Madrid
by Kai Ryssdal
In Spain today, the government announced new austerity measures to meet the terms of the bank bailout early this month: $80 billion worth of tax increases and pay and benefit cuts.
Cat videos find a place of homage: A film festival
by Stacey Vanek Smith
chuckieart / YouTube
Cat videos are much more than LOL clips that cubicle dwellers email to each other. In going viral, they're eating up companies' bandwidth.
LIBOR scandal spreads to U.S. cities
by Marketplace Contributor
Ripples from the LIBOR scandal have spread to U.S. cities. Some are suing to recoup overpayment due to alleged interest rate manipulation.

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Marketplace for Wednesday, July 11, 2012

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Segments From This Episode

The Street of Eternal Happiness: The Migrant

Letter: ‘Zales does not sell cubic zirconia products’

Can big fraud settlements curb corporate misdeeds?

U.S. Army cuts NASCAR ties

What is the cost of a House vote?

Would an income tax hike hurt hiring?

What’s up, Europe? Protesters in Madrid

Cat videos find a place of homage: A film festival

LIBOR scandal spreads to U.S. cities

Music from the episode