Marketplace has a new podcast for kids, "Million Bazillion!" EPISODE OUT NOW
Marketplace for Monday, November 4, 2013
Nov 4, 2013

Marketplace for Monday, November 4, 2013

HTML EMBED:
COPY

The hedge fund SAC has plead guilty to insider trading. The government has drawn a line in the sand when it comes to trading in material non-public information, but where exactly is that line drawn? Kellogg's slashed 7 percent of its workforce, and it planning to market more to older consumers, not kids. Finally, the tentative takeover offer from BlackBerry’s largest shareholder for the company has collapsed.  Instead of purchasing BlackBerry and taking it private,  Fairfax Financial Holdings, and an unnamed group of institutional investors will invest $1 billion in the struggling company.  

Segments From this episode

Detroit: A city built for 2 million, with 700,000 left

Nov 4, 2013
Detroit's infrastructure problems grind on, despite bankruptcy.

Army ROTC gets cut across the country

Nov 4, 2013
Early last month, the Army announced that by 2015, it'll cut 13 ROTC programs across the country.

Buying your way onto the Hollywood Walk of Fame

Nov 4, 2013
Movie studios, fan clubs or anyone can raise the funds for a star.
BenSherman/Wikimedia Commons

SAC's $1.2B fine: When does a scoop become insider trading?

Nov 4, 2013
The hedge fund SAC has plead guilty to insider trading. The government has drawn a line in the sand when it comes to trading in material non-public information.
 The headquarters of SAC Capital is viewed in Stamford, Connecticut.
Spencer Platt/Getty Images

Blackberry is saved. No, it's dead. No, it's ...

Nov 4, 2013
The tentative takeover offer from BlackBerry’s largest shareholder for the company has collapsed.

SAC Capital founder plummets to No. 59 on rich list

Nov 4, 2013
Steven A. Cohen drops from No. 45 on the richest Americans list.

Kellogg's tries breakfast without the spoon

Nov 4, 2013
Kellogg's slashed 7 percent of its workforce to grow profits, and it plans to market more to older consumers.

The funniest man on Twitter

Nov 4, 2013
Comedian Rob Delaney talks about tweeting his way to fame.

The hedge fund SAC has plead guilty to insider trading. The government has drawn a line in the sand when it comes to trading in material non-public information, but where exactly is that line drawn? Kellogg’s slashed 7 percent of its workforce, and it planning to market more to older consumers, not kids. Finally, the tentative takeover offer from BlackBerry’s largest shareholder for the company has collapsed.  Instead of purchasing BlackBerry and taking it private,  Fairfax Financial Holdings, and an unnamed group of institutional investors will invest $1 billion in the struggling company.  

Music from the episode

Pyramids Frank Ocean
God Made the World Cold Cave