Marketplace Morning Report for Wednesday, July 10, 2013

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Walmart, Target, Gap and other U.S. apparel companies are expected to announce their plan to protect Bangladeshi garment workers this morning. They previously declined to join a global deal with European retailers after April's factory collapse, which killed more than 1,100 people. Barclays cracks down on moneylaundering. And an American author takes aim at the Chinese concept of 'Leftover Women'.

Apple gets hit for e-book price fixing

A federal judge ruled this morning that Apple colluded with five major U.S. publishers to fix e-book prices.
Posted In: apple, ebooks, anti-trust

AIG and GE Capital labeled 'systemically important'

Federal regulators have identified two companies, insurer AIG and GE Capital, as 'systemically important' corporations and say that both will be subject to increased scrutiny.
Posted In: AIG, General Electric, too big to fail

PODCAST: Market failures and Egypt economics

Egypt's gets a new prime minister with an economics background. And markets come up short in providing crucial drugs for premature babies.

Wall Street reads the Fed's tea leaves

More nuanced news from the Federal Reserve today on the future of its stimulative bond buying program – and Wall Street is reading the tea leaves.
Posted In: Federal Reserve, quantitative easing

App store turns five and the blossoming of in-app purchases

Instead of cash up front, the mobile gaming world in particular has moved toward something called in-App purchases.
Posted In: apple, apps, mobile, mobile apps, games

Barclays shuts down cash transfer businesses to prevent money laundering

Some fear the closures could hurt immigrants -- Somali expatriates in particular -- who rely on the transfer services to send funds back home.
Posted In: Barclays, Africa, money laundering

In Egypt, former finance minister named interim prime minister

Egypt gets an interim prime minister with an economics background, former finance minister Hazem el-Beblawi.
Posted In: Egypt, morsi

Does anyone send greeting cards anymore?

The greeting card company’s founding family is trying to take American Greetings private. It’s been hit by e-cards, like most paper products companies.
Posted In: greeting cards, Hallmark, Internet

American author takes aim at Chinese concept of 'Leftover Women'

American Joy Chen's book 'Do Not Marry Before Age 30' has become a hit in China, where traditional society labels unmarried women in their late 20s 'leftover women.'
Posted In: China, marriage, women

Will U.S. clothing firms change on Bangladesh?

Lots of European retailers have signed onto a new pact to institute stricter rules after the factory tragedy this year. Which U.S. companies will follow suit?
Posted In: Bangladesh, clothing, globalization, manufacturing

Markets come up short in drugs for premature babies

Nationwide drug shortages are causing hospitals to ration critical nutrients premature babies and other patients need to survive.
Posted In: Health, health care, hospital, pharmaceuticals

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You Dropped A Bomb On Me
The Gap Band
The Raft
Fat Freddy's Drop
Kruder & Dorfmeister
The Lower We Fly

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