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Marketplace Morning Report for Monday, October 7, 2013
Oct 7, 2013

Marketplace Morning Report for Monday, October 7, 2013

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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.

Segments From this episode

Sotheby's auctions blue diamond for a lot of green

Oct 7, 2013
Sotheby’s Hong Kong is auctioning the world’s largest round blue diamond, the Premier Blue, for $19 million dollars. There’s not much you can do with diamonds but they are always in demand.

Japan Airlines, Airbus close first-ever $9.5 billion deal

Oct 7, 2013
Airbus's gain is Boeing's loss.

Hacking and the value of a Zero Day

Oct 7, 2013
A Zero Day is the electronic equivalent of the informant who tells the bank robber where to drill a hole in the back of the bank vault.

China's Steve Jobs? Not on this list

Oct 7, 2013
The U.S. dominated Thomson Reuters' list of the world's top 100 innovative companies. China failed to contribute any companies.

Government shutdown threatens housing market, mortgages

Oct 7, 2013
The longer the government is closed, the more housing deals could be delayed or even wrecked altogether.

PODCAST: Government shutdown could stress out homebuyers

Oct 7, 2013
The government shutdown is hampering lots of different mortgage processing, and not just for Federal Housing Administration loans used by many first-time buyers with low or moderate income.

Giving residents a crack at city budgets

Oct 7, 2013
San Francisco is experimenting with what's known as participatory budgeting to give more people a say in how their tax dollars are spent.

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.

The team

Stephen Ryan Producer, BBC