Marketplace®

Daily business news and economic stories
Sep 19, 2012

Marketplace for Wednesday, September 19, 2012

In case you haven’t heard, a little company known AEG was just put up for sale — and for a few billion in loose change, it can be yours. We look at who’s stepping up to the auction block. Plus, American Airlines is hitting some rough turbulence as it makes its way through bankruptcy reorganization. The company’s sending layoff notices to more than 11,000 workers, and union pilots are up in arms over possible union concessions. What does that mean for you? A crazy jump in late and canceled flights. Meanwhile, across the Pacific, Rob Schmitz takes a look at what China’s rural poor think about the country’s coming elections and, back at home, Freakonomic’s Steven Levitt breaks down when to hold ’em and when to fold ’em during online poker.

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In case you haven’t heard, a little company known AEG was just put up for sale — and for a few billion in loose change, it can be yours. We look at who’s stepping up to the auction block. Plus, American Airlines is hitting some rough turbulence as it makes its way through bankruptcy reorganization. The company’s sending layoff notices to more than 11,000 workers, and union pilots are up in arms over possible union concessions. What does that mean for you? A crazy jump in late and canceled flights. Meanwhile, across the Pacific, Rob Schmitz takes a look at what China’s rural poor think about the country’s coming elections and, back at home, Freakonomic’s Steven Levitt breaks down when to hold ’em and when to fold ’em during online poker.