Jan 12, 2011

Marketplace for Wednesday, January 12, 2011

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Settling your tab without a wallet

by Steve Henn

Jan 12, 2011

A future without a bulky wallet weighing you down may be closer than you think. Steve Henn reports on card-less pay options in development and takes his smartphone, tricked out with a special bankcard chip, for a spin.

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Curbing the pay of London's 'City Boys'

by Stephen Beard

Jan 12, 2011

In an effort to try and curb hefty bonuses, and perhaps risky behavior, in the financial sector, a group of labor unionists, journalists and academics from the U.K. have launched a high pay commission. Stephen Beard reports on their efforts.

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Letters: Girl geeks, an economists's code of ethics?

by Marketplace Staff

Jan 12, 2011

Kai Ryssdal reads your letters and comments in response to our stories on bad bond ratings, the Internet equalizing geeks and whether economists should have a code of ethics.

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Geithner addresses Chinese currency issue

by David Gura

Jan 12, 2011

U.S. Treasury Secretary Timothy Geithner today mapped out what he called "the path ahead" for the U.S.-China relationship. He pointed out that China needs to stop undervaluing its currency and stealing intellectual property.

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ITT splits into three companies

by Bob Moon

Jan 12, 2011

Manufacturing conglomerate ITT announced today that it's splitting into three separate companies, focusing on aerospace and defense, industrial products and water management. Bob Moon explains why the decision to split a large conglomerate can be a good idea.

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Did Borders grow too fast?

by Janet Babin

Jan 12, 2011

Borders pioneered the book superstore back in the 1970s, but now with online booksellers and retail supercenters taking over the book market, it isn't doing so well. Janet Babin reports on Borders' future.

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The next step for Haiti: Trade

by Jeff Tyler

Jan 12, 2011

A year ago today, almost a quarter million people were killed in the Haitian earthquake. The country's poor economy is still trying to recover, and as Jeff Tyler reports, the biggest potential lies in trade.