Marketplace Morning Report for Monday November 3, 2014
Proctor & Gamble of Cincinnati finds itself with a big problem today in Latin America: the biggest soap and household products company on the planet has been ordered to suspend its operations in Argentina. Why? The Argentine government accuses Procter & Gamble of an elaborate tax swindle. Also on the show, the boss at the one of the most recognizable brands in America stopped by the other day. Howard Schultz CEO of Starbuck's has a new book that comes out tomorrow, titled "For Love of Country: What Our Veterans Can Teach Us About Citizenship, Heroism, and Sacrifice." His co-author also came in: Rajiv Chandrasekarin, a Washington Post reporter who covered the wars in Iraq and Afghanistan. Starbuck's has pledged to hire 10,000 veterans and their spouses within five years.
Proctor & Gamble of Cincinnati finds itself with a big problem today in Latin America: the biggest soap and household products company on the planet has been ordered to suspend its operations in Argentina. Why? The Argentine government accuses Procter & Gamble of an elaborate tax swindle. Also on the show, the boss at the one of the most recognizable brands in America stopped by the other day. Howard Schultz CEO of Starbuck’s has a new book that comes out tomorrow, titled “For Love of Country: What Our Veterans Can Teach Us About Citizenship, Heroism, and Sacrifice.” His co-author also came in: Rajiv Chandrasekarin, a Washington Post reporter who covered the wars in Iraq and Afghanistan. Starbuck’s has pledged to hire 10,000 veterans and their spouses within five years.