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The South by Southwest music festival bills itself as "the premier destination for discovery." It's also the destination for truckloads of cash, as music and art fans flock to Austin, Texas, each March. Last year's event brought nearly $100 million to the city, according to one analyst.
...MOREGoogle has been threatening to pull out of China. Since it was attacked by hackers two months ago, Google said it would no longer cooperate with Beijing's Internet censorship. Loretta Chao of The Wall Street Journal talks to Renee Montagne about whether Google's position is a moral stance or a business calculation.
...MOREThree of President Obama's leading economic advisers were on Capitol Hill to answer questions about a variety of economic issues Tuesday. They warned that U.S. companies are unlikely to hire enough workers to bring down the unemployed rate much this year. Rep. Marcy Kaptur (D-Oh) accused the administration of not taking the unemployment problem seriously enough.
...MORESenate Banking Committee Chairman Christopher Dodd has unveiled his second attempt at overhauling financial regulations. His first bill flopped. On Monday, he introduced a 1,336-page bill, which includes provisions negotiated with Republicans. David Wessel, economics editor of The Wall Street Journal, talks to Linda Wertheimer about the chances of this measure succeeding.
...MOREThe number of long-term unemployed women ages 45 to 64 has more than doubled in the past year. As many as 900,000 women in this age group have been without work for at least six months.
...MORETop Obama administration officials launch a series of workshops Friday delving into agriculture antitrust issues. Some big agribusiness firms say the forums will showcase a well-functioning, free market, but some producers think the probe will expose a system increasingly hostile to traditional family farms.
...MORECable TV subscribers seem to pay more for the service each year. In fact, the cost has doubled in the last 15 years. But a growing number of consumers are finding ways to hold down their cable bills. They're benefiting from competition, haggling and service bundling.
...MOREIn Dayton, Ohio, Sinclair Community College has been a driving force in helping retrain the unemployed so they can find work after graduation. But high paying manufacturing jobs don't seem to be coming back, and any good job is tough to find.
...MOREBusinesses can be either for-profit companies or nonprofit organizations. The law doesn't recognize a corporate form that falls in between. But some want to protect these "for-benefit corporations," so companies can balance profitability with social and environmental policies, without the threat of a lawsuit.
...MOREVideo games are integrating ways to sign up for credit cards and open accounts that provide virtual currency. New technologies, including sensors, are also making it possible to offer rewards, similar to frequent-flier programs, for playing or participating in mundane activities.
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