Aug 17, 2012

Marketplace Morning Report for Friday, August 17, 2012

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In South Africa, more than 30 workers have been killed by police at a platinum mine. The workers, who were armed, were staging what police said was an illegal strike. In Illinois today, unionized workers at a Caterpillar plant will…

Segments From this episode

Dress code: The history of 'business casual'

Aug 17, 2012
How the Aloha State, aging boomers and a bad patch in the economy changed what we wear to work.

New tax would hit sellers of sugary drinks

Aug 17, 2012
Voters in a California town will weigh in on a new tax that would charge businesses a penny for every ounce of sugary drinks they serve.

Fraught relations between Democrats and unions

Aug 17, 2012
Democratic governors caught between general support of unions and cutting unionized state employees.

Subsidies keep Texas cotton farmers growing

Aug 17, 2012
The aid, which dates from the Great Depression, could end when Congress acts on the next farm bill. The World Trade Organization has ruled it's an illegal subsidy, and legislators are looking for budget items to slash.

Strike at South Africa mine turns deadly

Aug 17, 2012
More than thirty workers have been killed by police at a platinum mine in South Africa. The workers, who were armed, were staging what police said was an illegal strike.

South Africa mine strike could hurt ailing platinum market

Aug 17, 2012
A mass shooting of platinum miners in South Africa is a reminder that our precious metals come from some pretty unstable places.

How the Romney and Obama budgets stack up

Aug 17, 2012
President Obama has launched a new campaign ad defending his record on Medicare. At the same time, of course, President Obama has attacked Romney's running mate Paul Ryan for his plans to cut Medicare.

West Nile virus hits Dallas, Texas

Aug 17, 2012
The city of Dallas Texas has authorized the first aerial spraying of pesticides since the 1960s to stop an outbreak of West Nile virus. Dallas County has seen nearly 200 cases of the mosquito born illness and ten deaths.

Treasury to change relationship with Fannie, Freddie

Aug 17, 2012
There's word this morning that the Treasury Department is going to revamp its financial relationship with the mortgage giants Fannie Mae and Freddie Mac.

Russian rock band Pussy Riot sentenced to prison

Aug 17, 2012
The band's official crime is "hooliganism by religious hatred." But to many inside and outside Russia, the case has come to represent considerably more than that.

PODCAST: A strike in South Africa, comparing budget plans

Aug 17, 2012
In South Africa, more than 30 workers have been killed by police at a platinum mine. The workers, who were armed, were staging what police said was an illegal strike. In Illinois today, unionized workers at a Caterpillar plant will…
Miners sit together during a strike calling for increased wages, at a platinum mine in Marikana on August 16, 2012.
STRINGER/AFP/GettyImages

As one financial center grows, another shrinks?

Aug 17, 2012
A new report out from Bloomberg this morning shows that hiring in the London financial services industry is down, while at the same time it is picking up in New York.

In South Africa, more than 30 workers have been killed by police at a platinum mine. The workers, who were armed, were staging what police said was an illegal strike. In Illinois today, unionized workers at a Caterpillar plant will vote on a contract to end a four month strike of their own — a strike that has put the state’s governor in an awkward position. And you know the look… guys around the office in button-down shirts and khaki slacks. We take it for granted now as the business casual “uniform,” but it wasn’t always. So how did the modern office dress code come to be?

The team

Stephen Ryan Producer, BBC