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Jul 23, 2013

Marketplace Morning Report for Tuesday, July 23, 2013

Why GlaxoSmithKline’s alleged bribery of doctors in China might just be par for the course in a country where doctors less than $1,000 per month. Insecticide sales are up, as one tenacious pest, the rootworm, has developed resistance to a genetically modified strain of corn. And how does Britain’s royal baby impact international trade?

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Segments From This Episode

GlaxoSmithKline’s bribery scandal highlights China’s corrupt health care system
by Rob Schmitz
China alleges British drug maker GlaxoSmithKline bribed Chinese doctors. But so does everyone else, say longtime observers. Why is China singling out GSK?
Corn farmers turn to insecticides again
by Joyce Russell
Farmers are buying more insecticides this season. That’s because one tenacious pest has developed resistance to a genetically modified corn variety.
Forget the hype, Britain’s royal baby will only have a small economic impact
by Andrew Walker
As we await the name of the new British royal baby, let's take a look at the economics of the birth.
President Obama, Congress and the middle class
by Gigi Douban
President Obama says he is going to refocus his efforts on the economy. How much can he really do?
In Nebraska, standing in the way of Keystone XL pipeline
by Sarah McCammon
Nebraska farmers worry the oil pipeline will damage their land or water. Some are putting up obstacles to the route.
Tuition snapshot: Parents, high-income families paying less for college
by Katie Long
According to a new report from student loan servicer Sallie Mae, parents are shelling out less money for their kid's college tuition. Before you break out the champagne, let's explore those numbers.
Breaking away from the consensus
by Juli Niemann
Do you buy or sell stocks based on consensus forecasts? Analyst Juli Niemann at Smith, Moore & Company says there is something you should know about that strategy.
Congress probes bank commodities, warehouse investments
by Nancy Marshall-Genzer
The Senate Banking Committee is holding a hearing today on bank investments in things like warehouses and oil refineries, and commodities such as metals and oil.
How much will Ryan Braun’s suspension cost the Brewers?
by David Brancaccio
The Milwaukee Brewers are losing their star outfielder Ryan Braun for the rest of the season. He's agreed to a suspension without pay for unspecified violations"of baseball's drug program and his contract.
PODCAST: Does Apple need an orange?
by David Brancaccio
Apple reports its earnings. How to break away from the consensus when buying stocks. And in Nebraska, some farmers and ranchers fear the Keystone XL Pipeline could damage land and water.