Marketplace®
Every story is an economic story

PODCAST: Martha Stewart heads to court, sequester last resort

The sequester deadline is less than a week away, are the cuts all talk? Martha Stewart heads back to court as Macy's sues over her JC Penney partnership. And which of the BRIC countries is most corrupt?

The sequester and its federal budget cuts are just four days away. If Congress and the White House don’t act this week, $85 billion will be slashed from the federal budget on Friday. As the government gets closer to that deadline, the warnings about what the budget cuts would mean are getting louder.

Martha Stewart is back in court next week. She will be testifying in a lawsuit between Macy’s and JC Penney. The retail chains are battling over who has the right to carry Stewart’s line of products. Last year Martha Stewart renewed an agreement giving Macy’s exclusive rights to sell her line of cookware, home décor and textiles. Under that agreement the only other place Stewart could sell those products is in her own stores. Stewart’s lawyers argue that she is simply doing what her contract allows — selling her products in her own store. At issue is the location of the store.

When it comes to public sector corruption, which of the BRIC countries — Brazil, Russia, India, and China — ranks the best and the worst?

Related Topics

Collections:

Latest Episodes

View All Shows
  • Marketplace
    an hour ago
    25:26
  • Marketplace Morning Report
    8 hours ago
    6:31
  • Marketplace Tech
    13 hours ago
    7:34
  • Million Bazillion
    2 days ago
    30:57
  • This Is Uncomfortable
    7 days ago
    28:44
  • Make Me Smart
    4 months ago
    24:33