Marketplace Morning Report for Monday, October 13, 2014
Oct 13, 2014

Marketplace Morning Report for Monday, October 13, 2014

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It's advantageous for companies to do business in Ireland because of how that country calculates taxes. Tech giants like Google, Facebook and Apple have set up subsidiaries there, and in doing so, have saved billions of dollars thanks to a tax rate that's way lower than the rates in many other countries. Well, the Irish government is expected to unveil a new budget tomorrow, and there are reports it'll include a proposal to close that tax loophole. Plus, financial innovation in the housing market is back. We're hearing terms like "R-E-O-to-rental securitization, or "rental backed-securities." If you're having flashbacks to the a sub-prime crisis, you're not alone. But many are saying this is a different animal.

Segments From this episode

The lingering effect of last year's tough winter

Oct 13, 2014
The U.S. Energy Department says heating costs are likely to be less this winter.

Primary care staff anxious over Ebola preparedness

Oct 13, 2014
CDC steps up outreach to frontline health workers with precautions to tackle Ebola.

PODCAST: Controlling the panic over Ebola

Oct 13, 2014
Controlling the panic over Ebola, a railway merger, and mining asteroids.

Railroads profit from energy boom

Oct 13, 2014
Canadian Pacific Railway reportedly approached CSX about a merger.

It’s advantageous for companies to do business in Ireland because of how that country calculates taxes. Tech giants like Google, Facebook and Apple have set up subsidiaries there, and in doing so, have saved billions of dollars thanks to a tax rate that’s way lower than the rates in many other countries. Well, the Irish government is expected to unveil a new budget tomorrow, and there are reports it’ll include a proposal to close that tax loophole. Plus, financial innovation in the housing market is back. We’re hearing terms like “R-E-O-to-rental securitization, or “rental backed-securities.” If you’re having flashbacks to the a sub-prime crisis, you’re not alone. But many are saying this is a different animal.

The team

Stephen Ryan Producer, BBC