Marketplace Morning Report for Monday, October 7, 2013
European airplane manufacturer Airbus just won a major contract from Japan Airlines worth $9.5 billion. That comes at the expense of the company that has traditionally built airplanes for JAL -- Boeing. Thomson Reuters releases its list today of the world's 100 most innovative companies. U.S. corporations dominate the list, taking nearly half the spots. But what about China, the world's second largest economy? And, with no movement apparent in Washington on ending the partial shutdown, conservatives are pushing the idea of letting Congress authorize funding for budget lines piece-meal. This coincidentally comes at a time when a handful of cities are running pilot projects to give the public -- as opposed to politicians -- a bigger say on how city budgets are spent. It's called "participatory budgeting" and San Francisco's among the places trying it.
European airplane manufacturer Airbus just won a major contract from Japan Airlines worth $9.5 billion. That comes at the expense of the company that has traditionally built airplanes for JAL — Boeing. Thomson Reuters releases its list today of the world’s 100 most innovative companies. U.S. corporations dominate the list, taking nearly half the spots. But what about China, the world’s second largest economy? And, with no movement apparent in Washington on ending the partial shutdown, conservatives are pushing the idea of letting Congress authorize funding for budget lines piece-meal. This coincidentally comes at a time when a handful of cities are running pilot projects to give the public — as opposed to politicians — a bigger say on how city budgets are spent. It’s called “participatory budgeting” and San Francisco’s among the places trying it.