Economics & Economy

02/15/17: The role of 'doctor' is changing

Feb 15, 2017
Marketplace

We're looking at what a border-adjustment tax could mean for retailers; the United States' push for NATO members to spend more on defense; and the new responsibilities that come with being a physician. 

02/15/17: The return of unlimited data

Feb 15, 2017
Marketplace

Some carriers, like Verizon, are starting to bring back unlimited data plans. Why the return, and why did they go away in the first place? CNET's Lindsey Turrentine breaks it down for us. Afterwards, Business Insider's Kif Leswing explains the turmoil happening at Magic Leap — an augmented reality company that's been promising wearable tech that can project images onto the real world. Finally, we'll look at the most popular (and possibly surprising) city on Tinder during Valentine's Day last year. Any guesses?

Toshiba, a fixture of Japan Inc. for more than a century, is in big trouble — to the tune of $6.3 billion. The company announced that whopping loss after the market closed in Tokyo today, and that may not be the worst yet. Some news reports say Toshiba might not survive in its current form. It is, as they say, complicated. But at the center of this is Toshiba’s big bet that turned sour on nuclear energy in the U.S. 

Toshiba, a fixture of Japan Inc. for more than a century, is in big trouble — to the tune of $6.3 billion. The company announced that whopping loss after the market closed in Tokyo today, and that may not be the worst yet. Some news reports say Toshiba might not survive in its current form. It is, as they say, complicated. But at the center of this is Toshiba’s big bet that turned sour on nuclear energy in the U.S. 

House Republicans are mulling an overhaul to the tax code, specifically, how businesses are taxed. One possibility? Businesses that import items would see higher taxes on those goods — as much as 20 percent — and exporters would have the money they make off those exports exempt from taxes. Domestic manufacturers favor the plan, but not surprisingly, retailers that import goods aren’t that keen on it. Several retail industry CEOs are up on the Hill this week to weigh in. So let the lobbing begin.

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