Book News: Newly Found Pearl Buck Novel To Be Published This Fall
Also: shameless book blurbs; new plays from Ayad Ahktar; and a first edition of Harry Potter and the Philosopher's Stone draws a record price at auction.
Cameron pushing EU on tax avoidance
Day in pictures: 22 May 2013
Notre-Dame suicide a 'political act'
In Oklahoma, Rescue Efforts Give Way To Recovery
Officials think they've found all the survivors, and victims, of the massive tornado that devastated the community of Moore. The official death toll stands at 24. More than 230 people are said to have been injured.
Why the war between drivers and cyclists?
SAP to recruit autistic employees
German business software company SAP has announced an effort to actively recruit and hire people with autism. The move comes after a successful pilot project in India in which SAP hired computer programmers who have autism, a developmental disorder that, among other things, can impair a person's ability to interact with others.
SAP, which says it wants autistic employees to make up 1 percent of its global workforce by 2020, is hoping other companies follow its lead.
"Only by employing people who think differently and spark innovation will SAP be prepared to handle the challenges of the 21st Century," said SAP executive Luisa Delgado.
The BBC's technology reporter Mark Gregory joins Marketplace Morning Report host David Brancaccio to discuss.
I'm one of you, Cameron tells Tories
Ten die in Lebanon sectarian clashes
Why one criminal stopped offending
Could the country’s largest public power utility really become private?
Executives with the country’s largest public power utility meet with the Obama Administration this week, after learning their agency might be up for sale.
President Obama floated the idea of selling the Tennessee Valley Authority in his budget, released last month. He started receiving pushback almost immediately.
“I think there’s somebody with a green eyeshade down there at the Office of Management and Budget who just thinks it’s a cool idea to talk about selling the Tennessee Valley Authority,” Sen. Lamar Alexander, a Republican from Tennessee, said in a recent hearing. “We don’t appreciate that approach.”
TVA originated during the Great Depression. It built hydroelectric dams, then coal and nuclear plants. The utility serves seven states and was conceived as a way to develop an impoverished region. It is fully self-supported through electric rates, and it has national security roles as the country’s sole source for tritium, needed in developing nuclear weapons.
There’s no firm plan to sell TVA, only for a “strategic review” that could result in privatization. But the very idea has done some damage, according to the agency.
The value of TVA’s bonds has dropped sharply. There’s doubt that the sale price would even cover TVA’s $25 billion of debt, and traders fear TVA may not be viable as a private company.
Sen. Alexander has been quizzing Energy Department officials anytime they appear before his committees. During a hearing last week, he asked the acting Energy secretary, Daniel Poneman, if he was consulted about the potential TVA sale.
Poneman admitted that he was not, but said, “the one thing that I do know is that any decision rolling forward that would consider what to do with the TVA would, of course, involve consultation with the Department of Energy.”
TVA officials have said the current business model is a good one, but they’re taking the idea of a potential sale seriously. They’ve committed to cooperating with the White House in good faith.
“I mean, I assume they were serious since they put it in the administration’s budget," says TVA senior vice president of policy Joe Hoagland.
TVA is celebrating its 80th birthday this week. The meetings in Washington may give a clue as to how many birthdays the utility has left.
England's Unitt to miss Euro 2013
Venezuela plans toilet paper relief
Fast and Furious beats Great Gatsby
Wildlife 'at crisis point' in Wales
Government borrowing revised down
Crues win court battle over Windsor
Green light for 'biggest' wave farm
Vitamin C can kill drug-resistant TB
Americans are not happy with their Internet service providers
The latest American Customer Satisfaction Index is out. The ACSI* measures how customers feel about a range of companies that provide goods and services around the country. This month's survey put one industry in an unfortunate spot when it comes to customer satisfaction: Internet service providers.
Susan Crawford, at the Benjamin Cardozo School of Law in New York, joins Marketplace Tech host Ben Johnson to discuss the results and why ISPs are falling behind.
*Correction: An earlier version of this story contained a typo of ACSI. The text has been corrected.




