Jul 26, 2012

Marketplace for Thursday, July 26, 2012

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After its disappointing IPO, Facebook releases its first ever earnings report today. Bankrupt cities across the nation are turning to drastic measures -- some are walking away from their financial obligations. The ice sheet on the surface of Greenland is melting at an unprecedented rate. College campuses across the nation are revamping their gyms into state of the art fitness centers to woo prospective students, and it's proving to be costly. Credit card companies once said that the Credit Card Accountability Act would destroy profits, but now some are praising it. And Tess Vigeland talks to Virginia Sole-Smith about her article on Mary Kay Cosmetics and its 'Pink Pyramid Scheme.'

Segments From this episode

Egyptian Olympians were wearing fake Nike gear

Jul 26, 2012
Members of Egypt's Olympic team were apparently given fake Nike gear to wear during training in London.
Nike just inked a deal with an Austin non-profit to help spread its message.
Getty Images

City bankruptcies trend troubles bond investors

Jul 26, 2012
If debt-ridden municipalities begin walking away from their financial obligations the way homeowners once did, such strategic defaults could wreak havoc for municipal bond holders.

No surprise Team USA uniform was made in China

Jul 26, 2012
U.S. clothing makers may not beat China on price, but can on technological innovation.

Are banks benefitting from CARD Act they lobbied against?

Jul 26, 2012
A law restricting credit card acess for poor credit risks has resulted in fewer defaults.

Melting Arctic sea ice mostly man-made

Jul 26, 2012
The latest study on the unprecedented loss of ice covering the Arctic says it is 70 percent the result of human-caused climate change.

Climbing walls and college costs

Jul 26, 2012
How much do all those campus luxuries push up tuition and fees?

Life not so rosy for women selling Mary Kay cosmetics

Jul 26, 2012
Mary Kay is a storied brand in the beauty products industry.
Mary Kay is a storied brand in the beauty products industry. But an investigative story in Harper's Magazine suggests the company's success comes at the expense of the women who sell the products.

Where Facebook is faltering, and how it can be fixed

Jul 26, 2012
In its first ever earnings report, Facebook reported a 32 percent boost in revenues, just shy of $1.2 billion. But it's still a wholly unprofitable company. What is it doing wrong?

After its disappointing IPO, Facebook releases its first ever earnings report today. Bankrupt cities across the nation are turning to drastic measures — some are walking away from their financial obligations. The ice sheet on the surface of Greenland is melting at an unprecedented rate. College campuses across the nation are revamping their gyms into state of the art fitness centers to woo prospective students, and it’s proving to be costly. Credit card companies once said that the Credit Card Accountability Act would destroy profits, but now some are praising it. And Tess Vigeland talks to Virginia Sole-Smith about her article on Mary Kay Cosmetics and its ‘Pink Pyramid Scheme.’

Music from the episode

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