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Aug 20, 2012

Marketplace for Monday, August 20, 2012

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The business of news is changing, with more and more news offered and read online -- but that's leaving older readers behind. The Detroit Institute of Arts has managed to save itself from closure by getting local residents to agree on an additional tax to fund the organization. Health care giant Aetna announced it's going to buy rival Coventry Health Care. The revolution in Libya has affected one unlikely business: A family-owned sawmill in Louisiana. And in our new series "Payday," we learn that telling someone how much you make is still taboo, but the secrecy around our salaries may be leading to unfair compensation.

Segments From this episode

'Middle class' to melt away at political conventions

Aug 20, 2012
We've heard a lot in recent years about the disappearing middle class. Well, anyone attending either the Republican or Democratic National Conventions will be able to watch it happen.
Morning In America (2011) by Ligorano/Reese.
Nora Ligorano

What's the value of Augusta's green jacket?

by
Aug 20, 2012
The home of the Masters admits its first female members. Are the benefits worth the costs for members?

Louisiana lumber firm counts Libya as its top customer

Aug 20, 2012
Libya is expected to grow as a market for U.S. exports, but a small timber company in Louisiana has been relying on Libyan customers for years.

Aetna buys Coventry Health Care in a Medicaid land grab

Aug 20, 2012
The $5.7 billion deal with let Aetna double its number of Medicaid members.

Scaled-back newspapers leave older readers behind

Aug 20, 2012
As more newspapers scale back production to just three or four days a week, what will come of subscribers who prefer paper to pixels?

How much you earn - the last taboo?

Aug 20, 2012
Most employees still don't feel comfortable revealing how much money they make to family, friends, and coworkers.

Detroit art museum wins taxpayer support

Aug 20, 2012
The Detroit Institute of Arts avoided a fiscal cliff when voters in three counties approved an tax increase that directly funds the 125-year-old museum.
The Detroit Institute of Arts avoided a fiscal cliff when voters in three counties approved an tax increase that directly funds the 125-year-old museum.
Quick fix / Creative Commons

No vacation from euro debt crisis in Greece

Aug 20, 2012
It's vacation time across Europe, but it's not all sunshine for Greeks. The debt-laden nation has fallen behind in implementing reforms and austerity measures.
It's vacation time across Europe,  but it's not all sunshine for Greeks. The debt-laden nation has fallen behind in implementing reforms and austerity measures.
Takis Takatos/AFP/Getty Images

The business of news is changing, with more and more news offered and read online — but that’s leaving older readers behind. The Detroit Institute of Arts has managed to save itself from closure by getting local residents to agree on an additional tax to fund the organization. Health care giant Aetna announced it’s going to buy rival Coventry Health Care. The revolution in Libya has affected one unlikely business: A family-owned sawmill in Louisiana. And in our new series “Payday,” we learn that telling someone how much you make is still taboo, but the secrecy around our salaries may be leading to unfair compensation.

Music from the episode