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Marketplace Morning Report for Thursday, April 14, 2011

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Marketplace Morning Report for Thursday, April 14, 2011

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Glencore announces IPO

by Christopher Werth Apr 14, 2011
The Swiss-based commodities trader Glencore has announced its intentions to go public. The main offer could raise as much as $11 billion, but would force the secretive company to open its books.

Can fake chicken feed the world?

by Adriene Hill Apr 14, 2011
With growing global demand for meat and its significant environmental concerns, fake soy "chicken" may be better than the real bird.

Zipcar gears up for an IPO

by Steve Henn Apr 14, 2011
The short-term car rental company has been around for more than a decade, but still hasn't quite turned a profit.

Raising debt ceiling could have strings

by David Gura Apr 14, 2011
Now that we have Republican and Democratic deficit plans, lawmakers in both parties are saying they might link mandatory cuts in spending to raising the debt limit.

Socialist Cuba experiments with capitalism

by Grant Fuller Apr 14, 2011
As Cuba prepares to hold its first Communist Party Congress in 14 years, the socialist country works through the kinks of a budding free enterprise system.

Levin says Goldman Sachs misled Congress

by Alisa Roth Apr 14, 2011
The Senate panel investigating the cause of the financial crisis has released a report today containing new information on what lead up to the banking collapse. Senator Carl Levin is now calling for an investigation into Goldman Sachs for misleading Congressional investigators.
BBC World Service

Emerging economies meet, agree to rely less on U.S. dollar

by Juliana Liu Apr 14, 2011
Brazil, Russia, India, China and South Africa concluded their one-day summit in China today. The so-called 'BRICS' countries are calling for changes to the global financial syste.
BBC World Service

Protests, concerns at first BP shareholders meeting since gulf spill

by Rob Young Apr 14, 2011
Street demonstrations outside BP's annual shareholder meeting in London are protesting about the Gulf of Mexico oil spill. But inside the meeting, investors are focusing on Russia -- and BP's future there.

Poll: Most Americans think their taxes are fair

by Marketplace Staff Apr 14, 2011
A new poll out today shows a small majority of Americans believe the taxes they pay are fair, according to the Associated Press and polling firm GfK.

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