Marketplace Morning Report for Wednesday September 24, 2014
Sep 24, 2014

Marketplace Morning Report for Wednesday September 24, 2014

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India is celebrating its Sputnik moment with news it successfully put an unmanned/unwomaned craft into Mars orbit. It was a mission accomplished on the cheap, quieting critics who thought there were better uses for this money. Plus, the west-coast grocery chain "Smart and Final" aims to raise $100 million selling a brand new stock today. The company plans to expand a line of stores that are something like small Costco without appliances or membership fees. And a day after the Obama administration moved to clamp down on the corporate tax-cutting maneuver known as the "inversion," there are reports that at least two big U.S. companies are undeterred. More on the news that the big drugs company Pfizer is still interested in buying Actavis and that Burger King will move forward on buying Tim Horton's of Canada. 

Segments From this episode

The interstate tax break battle

Sep 24, 2014
New Jersey crawls out of the great recession by luring businesses with tax breaks.

Paula Deen buys back rights to her Food Network show

Sep 24, 2014
A look at how Deen is attempting to rebuild her brand and her chances of success.

Smart and Final goes public

Sep 24, 2014
The company wants to grab a piece of a business that's getting more competitive.

PODCAST: Paula Deen goes digital

Sep 24, 2014
Early shopping season, interstate inversions, and Paul Deen's online network.

India is celebrating its Sputnik moment with news it successfully put an unmanned/unwomaned craft into Mars orbit. It was a mission accomplished on the cheap, quieting critics who thought there were better uses for this money. Plus, the west-coast grocery chain “Smart and Final” aims to raise $100 million selling a brand new stock today. The company plans to expand a line of stores that are something like small Costco without appliances or membership fees. And a day after the Obama administration moved to clamp down on the corporate tax-cutting maneuver known as the “inversion,” there are reports that at least two big U.S. companies are undeterred. More on the news that the big drugs company Pfizer is still interested in buying Actavis and that Burger King will move forward on buying Tim Horton’s of Canada. 

The team

Stephen Ryan Producer, BBC