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Marketplace for Tuesday July 15, 2014
Jul 15, 2014

Marketplace for Tuesday July 15, 2014

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Congress appears headed toward a temporary spending bill to keep the Highway Trust Fund from going broke next month. Lawmakers have been unable to agree on a long-term funding mechanism for repairing and upgrading the national infrastructure. Plus: AbbVie has at last managed to snare Irish pharma company Shire. The merger isn’t about new markets or cool technology - it’s about cutting taxes, using a so-called corporate inversion. We explain what an inversion is, and explore the pros and cons of this strategy. Finally, what to do with a comic-book character who sprang to life as a perpetual teen-ager 73 years ago? Project him into the future. Make him a zombie. Tomorrow, kill Archie. 

 

 

Segments From this episode

Laughing in Hollywood just got cheaper

Jul 15, 2014
The cost of making a comedy film in Hollywood has dropped about 50%

China's fight for cleaner air

Jul 15, 2014
“China’s growth model is based on the idea that natural resources are free."

'Stopgap' government frustrates feds and businesses

Jul 15, 2014
Governing by crisis makes the federal government wasteful and inefficient.

If California were divided into six states...

Jul 15, 2014
In which direct democracy shoots itself in the foot.

Corporate inversion: an expensive way to save on taxes

Jul 15, 2014
Abbvie will pay $53 billion to buy Shire, with a view to cutting its tax burden.

Killing Archie, to keep his brand healthy

Jul 15, 2014
There are many Archies loose in the world.

Life as a remover

Jul 15, 2014
It takes a certain temperament to move corpses to funeral homes for a living.

Congress appears headed toward a temporary spending bill to keep the Highway Trust Fund from going broke next month. Lawmakers have been unable to agree on a long-term funding mechanism for repairing and upgrading the national infrastructure. Plus: AbbVie has at last managed to snare Irish pharma company Shire. The merger isn’t about new markets or cool technology – it’s about cutting taxes, using a so-called corporate inversion. We explain what an inversion is, and explore the pros and cons of this strategy. Finally, what to do with a comic-book character who sprang to life as a perpetual teen-ager 73 years ago? Project him into the future. Make him a zombie. Tomorrow, kill Archie.