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Marketplace Morning Report for Tuesday, May 14, 2013
May 14, 2013

Marketplace Morning Report for Tuesday, May 14, 2013

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French politicians have their eyes on a potential new source of revenue: smart phones and tablets. France is considering the idea of putting a tax on these mobile digital devices in an effort to fund French culture. And, in China, controversy is swirling around the country's most celebrated movie director. Zhang Yimou faces a $26 million fine for fathering seven children, a violation of China's one-child policy. The case is stirring up public anger about inequality between China's rich and poor.

 

Segments From this episode

Fathering seven children in a one-child society: Famous director's kids spark big debate in China

May 13, 2013
China's most celebrated movie director and choreographer of the 2008 Beijing Olympics opening ceremony, Zhang Yimou faces $26 million in fines after state media reported he has fathered at least seven children with up to four women. The scandal has sparked a debate about the inequities between China's rich and poor.

The SEC attempts to fix conflicts of interest in bond-rating

May 13, 2013
The SEC meets with experts Tuesday about the alleged conflicts of interest in the bond-rating industry, after delaying new rules to deal with the issue.
A sign for Moody's rating agency is displayed at the company headquarters in New York.
EMMANUEL DUNAND/AFP/GettyImages

Construction is back in Southwest, but where are the workers?

May 14, 2013
Housing seems to be in recovery mode in places like Phoenix, Arizona. But it may be tough for homebuilders to lure back construction workers.

Pour la culture: France mulls taxing the tablet

May 14, 2013
France's newest contribution to culture? A proposed tax on mobile phones.

A new era in North American fossil fuel production

May 14, 2013
A new report says North America will once again dominate fossil fuel production

PODCAST: North American fossil fuel domination; cell phone theft

May 14, 2013
A new report says North America will once again dominate fossil fuel production. Cell phone theft in this country is on the rise, but there’s not really any incentive for the industry to help curb the increase. Housing seems to be in recovery mode in places like Phoenix, Arizona. But it may be tough for homebuilders to lure back construction workers.

French politicians have their eyes on a potential new source of revenue: smart phones and tablets. France is considering the idea of putting a tax on these mobile digital devices in an effort to fund French culture. And, in China, controversy is swirling around the country’s most celebrated movie director. Zhang Yimou faces a $26 million fine for fathering seven children, a violation of China’s one-child policy. The case is stirring up public anger about inequality between China’s rich and poor.

 

The team

Stephen Ryan Producer, BBC