Marketplace Morning Report for Tuesday September 23, 2014
Sep 23, 2014

Marketplace Morning Report for Tuesday September 23, 2014

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First up, we have details of a new Obama Administration crackdown on the corporate tax reduction scheme known as the "inversion." That's the controversial maneuver where a U.S. company acquires a foreign firm, in part to lower its U.S. tax bill by taking a foreign street address. Now, the Treasury Department has taken a big step toward thwarting the practice. Plus, China's online commerce giant Alibaba trades on the New York Stock Exchange as of Friday. But investors are awaiting another big new stock to hit the market. The price of the new shares of Citizens Financial Group are expected to be set later today in what could be the largest bank IPO since Goldman Sachs in 1999. But, it's a stock offering born in adversity. And $4 might get you a fancy cup of coffee...maybe. But at a handful of Walmarts in the South, store employees can get a medical checkup for $4.The company just opened up two more primary care clinics in Macon, Georgia and Tyler, Texas.

Segments From this episode

The U.S. Treasury takes steps to stop tax inversions

Sep 23, 2014
The new rules eliminates some of the financial benefits of heading overseas.
An illuminated Burger King sign is seen on August 25, 2014 in Washington, DC.
MANDEL NGAN/AFP/Getty Images

Investors await another big IPO

Sep 23, 2014
The Royal Bank of Scotland hopes to raise $3.5 billion.

Oil companies and environmental non-profits team up

Sep 23, 2014
A partnership to cut emissions of methane—a potent greenhouse gas—in drilling.

At in-store clinics, $4 checkups for Wal-Mart workers

Sep 23, 2014
The company hopes the clinics will help save money on employee health care.

An unconventional solution to tax reform

Sep 23, 2014
Stan Collender on repealing federal corporate income tax.

PODCAST: The climate change odd couple

Sep 23, 2014
World markets slump, a solution to inversions, and an odd couple in climate change.

First up, we have details of a new Obama Administration crackdown on the corporate tax reduction scheme known as the “inversion.” That’s the controversial maneuver where a U.S. company acquires a foreign firm, in part to lower its U.S. tax bill by taking a foreign street address. Now, the Treasury Department has taken a big step toward thwarting the practice. Plus, China’s online commerce giant Alibaba trades on the New York Stock Exchange as of Friday. But investors are awaiting another big new stock to hit the market. The price of the new shares of Citizens Financial Group are expected to be set later today in what could be the largest bank IPO since Goldman Sachs in 1999. But, it’s a stock offering born in adversity. And $4 might get you a fancy cup of coffee…maybe. But at a handful of Walmarts in the South, store employees can get a medical checkup for $4.The company just opened up two more primary care clinics in Macon, Georgia and Tyler, Texas.

The team

Stephen Ryan Producer, BBC