Many business owners were outraged when Amazon.com released an app offering discounts on items that customers scanned in stores but later bought on Amazon. Jasmine Johnson started an online petition against Amazon's promotion techniques. She and technology culture reporter Omar Gallaga speak with host Michel Martin.
Customer satisfaction for credit unions soared this year, and roughly a million Americans moved their money into credit unions, according to the Credit Union National Association. This was partly due to backlash against big banks instituting new fees. Host Michel Martin hears from regular financial contributor Alvin Hall.
Between 100 and 120 Sears and Kmart stores are going to be shut down as the retailer looks to trim costs and move ahead after it endured a pretty poor holiday shopping season. There are about 4,000 Sears and Kmart stores in the U.S. and Canada.
Nearly three decades ago, Kenny Buchanan decided to drop out of school. Over the last 26 years, he's jumped from job to job and unemployment. He now has a full-time job and for the first time in years, he and his family have health insurance and can enjoy a few luxuries.
As the debt crisis spreads across Europe, the economy in the region is slowing to a crawl. One place that's starting to feel the impact of the slowdown is the massive port of Rotterdam in Holland. It's the biggest port in the world outside Asia. Much of what's bought and sold in Europe goes through Rotterdam.
The automaker recently closed its Twin Cities Assembly Plant on a scenic river bluff in St. Paul, Minn. In better times, the parcel of land might have made condo developers drool, but in today's real estate market, redevelopment of the old factory could be a long way off.
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