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Marketplace Morning Report for Monday, May 27, 2013
May 27, 2013

Marketplace Morning Report for Monday, May 27, 2013

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A week after one of the most destructive tornados in history, the city of Moore, Oklahoma, is working on what to do with the mess. Debris must go before the rebuilding can start, but can it be reused? Last week, Apple CEO Tim Cook faced questions about tax avoidance in Washington, DC. Now, the European officials are reportedly looking into whether the company uses unfair tactics that hurt competition. And the city of Detroit is looking to sell off works of art to pay the bills.

Segments From this episode

After being removed, does storm debris have value?

May 27, 2013
Amid the destruction from hurricanes and tornados, some debris -- from trees to building materials and metal -- finds new life.

Detroit mulls auctioning art masterpieces to pay debt

May 27, 2013
A fight over city jewels brews as the emergency manager of Detroit wants to appraise masterpieces from the Detroit Institute of Arts.

Convicted of a violent crime? Senate proposes food stamp cutoff

May 27, 2013
Democrats in the Senate agreed to an amendment that would ban anyone ever convicted of certain violent crimes from receiving SNAP food stamps -- for their entire lives.

EU officials investigate Apple over sales tactics: Report

May 27, 2013
The European Commission is looking into whether Apple uses unfair tactics that hurt competition, according to the Financial Times.

Germany backs off EU solar panel 'dumping' investigation

May 27, 2013
European -- and some American manufacturers -- believe Chinese solar panels are being sold for less than they cost to build. The European Commission is investigating, but now Germany is distancing itself from the "dumping" allegations.

Chinese group seeks out Club Med of France for $700 million

May 27, 2013
Chinese conglomerate Fosun International and Paris private equity firm AXA are offering to buy Club Med for $700 million.

PODCAST: Bot not, SNAP shot

May 27, 2013
Twitter bots, cheap solar panels, and SNAP benefits for violent offenders.

A week after one of the most destructive tornados in history, the city of Moore, Oklahoma, is working on what to do with the mess. Debris must go before the rebuilding can start, but can it be reused? Last week, Apple CEO Tim Cook faced questions about tax avoidance in Washington, DC. Now, the European officials are reportedly looking into whether the company uses unfair tactics that hurt competition. And the city of Detroit is looking to sell off works of art to pay the bills.

The team

Stephen Ryan Producer, BBC