Marketplace for Friday, July 24, 2009
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President Obama is creating a $4 billion grant program for schools, but only if they accept certain reforms. States may be disqualified from receiving money, unless they agree to use test score data to set teacher pay. Mitchell Hartman reports.
The Associated Press is attempting to catch Web sites that post its stories without permission. It plans to embed tracking code in every article and charge fees to illicit users. Stacey Vanek-Smith reports.
Online retailer Amazon caused a stir when it remotely deleted unauthorized copies of George Orwell's "1984" and "Animal Farm" from Kindle readers. The company said it wouldn't take such action again, but commentator Farhad Manjoo doesn't expect it to keep that promise.
As the recession puts more pressure on household incomes, more nurses who had stopped working are re-entering the job market and reducing the nursing shortage. Still, demand for nurses is expected to remain high. Cathy Duchamp reports.
The federal minimum wage is now $7.25 per hour as the final step in a three-tiered adjustment set in motion years ago. Jeff Tyler reports on the implications of the wage hike during the worst recession in 50 years.