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Apple's Jobs To Take Medical Leave Through June

Steve Jobs, the computer giant's co-founder, said he has already begun treatment. The announcement came just a week after the 53-year-old cancer survivor tried to assure investors and employees his recent weight loss was caused by a treatable hormone deficiency. ()  

 

December's Retail Sales Mark 6th Straight Decline

The Commerce Department says retail sales dropped 2.7 percent last month. ()  

Germany Agrees To Economic Stimulus Package

Officials in Germany agree to a stimulus plan that combines more government spending with tax cuts. ()  

 
 
 
 
 

Politics

Tax Problem Stalls Treasury Nominee Geithner

January 15, 2009 · Timothy Geithner's failure to pay some of his taxes has hampered Democrats' efforts to install him quickly as President-elect Barack Obama's Treasury secretary. The Senate Finance Committee will consider his nomination next week. Sen. Chuck Grassley, the ranking Republican on that committee, talks with Renee Montagne about Geithner's chances for being confirmed. ()  

 

Car Experts Compare U.S., Foreign Vehicles

January 14, 2009 · Many consumers believe Detroit-made cars aren't as good or as reliable as those made by other foreign companies. U.S. auto executives disagree. They say they can now compete with anyone. Independent experts offer their assessment. ()  

 

Citigroup, Morgan Stanley Merge Brokerage Units

January 14, 2009 · Citigroup and Morgan Stanley are combining their brokerage units, in a deal that has Morgan Stanley paying Citigroup $2.7 billion for a 51 percent stake in the joint venture. Citigroup's retail brokerage, Smith Barney, was once the crown jewel in its wealth management business. ()  

 

Planet Money

Financial Bailout Shifting To Main Street?

January 14, 2009 · President-elect Barack Obama is asking Congress for the second half of the $700 billion Troubled Asset Relief Program funds. Obama says at least part of the money should help homeowners and small businesses. Is Congress finally getting its Main Street bailout? ()  

 

Getting Rid Of Car Dealerships Isn't Easy

January 14, 2009 · When U.S. automakers submitted strategies for financial viability to Congress in December, they included plans to slash the number of car dealerships. Most analysts agree Detroit auto companies are weighed down by bloated and inefficient dealer networks. But changing the relationship between carmakers and dealers could entail a legal minefield. ()  

 

In Hard Times, Ford Seeks To Win Back Car Buyers

January 13, 2009 · The Ford Motor Co. has not taken bailout money from the federal government, but it's struggling to stay out of debt. Mark Fields, Ford's president of the Americas, says his company can't be satisfied with being as good as its Japanese counterparts: It has to be better. ()  

 

Why Pension Funds May Be The Next To Collapse

January 14, 2009 · 2008 brought us the collapse of the housing market, the implosion of the stock market and the near collapse of the auto industry. We examine why some think pension funds will be the next domino to fall. ()  

 

Economy

CEO: GM Can Be Competitive Amid Restructuring

January 13, 2009 · At the auto show in Detroit this week, CEO Rick Wagoner tells NPR that General Motors plans to scale back its brands and models, but it will continue to invest in electric cars. "I actually feel confident that GM is going to be very well positioned to compete in the future," he says. ()  

 

Interior May Be Key To GM's Volt

January 13, 2009 · GM is committing more than $1 billion to its electric car, the Volt, which is expected to be rolled out in 2010. It's not just the battery power that has obsessed its creators. Tim Greig, who designed the car's interior, says he is most proud of its cup holders. ()  

 

Politics

Geithner Failed To Pay Self-Employment Taxes

January 14, 2009 · Tax issues are delaying Senate confirmation hearings for Tim Geithner, President-elect Barack Obama's choice for Treasury secretary. Geithner initially failed to pay a portion of his taxes between 2001 and 2004. He says it was an honest mistake, but a key Republican wants to hear more. ()  

 

Dell Settles Misleading Financing Complaints

January 13, 2009 · PC buyers who complained that Dell Inc. misled them about financing and service will be reimbursed for their trouble. The company will pay $3.85 million to at least 46 states that filed complaints on behalf of consumers. ()  

 

The Color of Money By Michelle Singletary

How To ID Ponzi Schemes

January 13, 2009 · In the wake of the ongoing Bernard Madoff scheme, we look at the importance of protecting your investments and how to spot red flags on your financial statements. ()  

 
 
 

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Marketplace Reports

Business

'Marketplace' Report: Cashing in on Britney

For a number of media outlets and businesses, Spear's saga translates into money.

 
Economy

'Marketplace' Report: Stocks Drop Again

Are lawmakers doing everything they should to address the matter?

 
Economy

'Marketplace' Report: College Tuition Jumps

The country's wealthiest universities are raising tuition faster than the rate of inflation.

 
 
 

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