Marketplace Morning Report for Friday, April 24, 2015
Airing on Friday, April 24, 2015: A merger of cable giants Comcast and Time Warner Cable appears to be off the table. Several media reports cite sources in position to know, suggesting the union will be abandoned mainly because U.S. regulators think it would be—in the end—anti-competitive. Next, Democrat Sen. Patty Murray plans to introduce a bill to Congress in the next few days that would increase the minimum wage to $12 by 2020. Democrats are rallying around this plan. We look at the broad details of this proposal and ask why $12 as opposed to $15, which labor groups have been fighting for, or $10.10, which the White House has backed. We'll also talk to Dan Nardello, CEO of Nardello & Co, about labor violations at NYU’s Abu Dhabi campus.
Airing on Friday, April 24, 2015: A merger of cable giants Comcast and Time Warner Cable appears to be off the table. Several media reports cite sources in position to know, suggesting the union will be abandoned mainly because U.S. regulators think it would be—in the end—anti-competitive. Next, Democrat Sen. Patty Murray plans to introduce a bill to Congress in the next few days that would increase the minimum wage to $12 by 2020. Democrats are rallying around this plan. We look at the broad details of this proposal and ask why $12 as opposed to $15, which labor groups have been fighting for, or $10.10, which the White House has backed. We’ll also talk to Dan Nardello, CEO of Nardello & Co, about labor violations at NYU’s Abu Dhabi campus.
