bankrupt. companies go bang rurpt krupe time. it s what makes the population look. borders bookstore went bellry up. would it be good to have 15 moving companies in one area? maybe. how do you snknow? you d have companies to provide a good service. the breaks can t decide whether there s a good need for a new moving company. not only the moving companies can do that. wouldn t home depot want to say, new hardware store in the neighborhood, you can topen. wouldn t gm like to say no toyota or honda. sure. i m not the one that set the law, i m abiding by the law. also, he said, the older
circuit city. borders bookstore went belly up. part of the creative destruction that makes competition work. say a town population of 20,000 people, would it be beneficial to consumers to have 15 moving companies in that area? maybe. no. how do you know? you have companies that are not in a position to provide a good service to the general public. the bureaucracy can t decide whether there s a public need for a new moving company, not even the moving companies know that. they have to try it and find out by an experiment. and these laws prohibit that kind of experiment. wouldn t home depot like to say no, new hardware store in the neighborhood, you can t open. wouldn t gm like to say that to toyota and honda? i m sure. i m not the one that set the law. i m just abiding by the law. also he says older moving companies want to protect
the ball after thousands of subscribers dropped their memberships after a price increa increase. record black friday spending the first that started not on friday, but thanksgiving in the tech world. apple suffering a huge loss with the death of its co-founder, steve jobs. and the company still seeing strong sales of iphones and ipads. and amazon, eating up the tablet wars, with its kindle fire and barnes & noble with its nook. in big bankruptcy news, borders bookstore went belly up. american airlines, too, and mf global led by former new jersey governor and senator john corzine filed for chapter 11 after making a disastrous bet on european debt and investors keeping an eye on it
in this country, a new debt ceiling compromise seems to be getting traction in washington. six senators, three republicans, and three democrats are offering a plan to cut the nation s debt by about $3.7 trillion over the next decade. it includes spending cuts and about a trillion dollars in new tax revenue. republicans have insisted on deep cuts and no tax increases before they ll agree to raise the country s borrowing limit. that debt ceiling deds line is now just 13 days away. minnesota s three-week government shutdown is over. democratic governor park dayton signed a budget bill today. he and republican lawmakers finally agreed to use accounting gimmicks to close the state s $5 billion shortfall. republicans refused to raise taxes. the shutdown left 22,000 state workers without a paycheck. and memphis public schools may not open august 8th as scheduled because of a budget fight. the school board says no classes till the city pace $55 million. the board says the city ow
says the reporter who blew the whistle on the uk hacking scandal has been sound dead. his name is john ford, he was found today in his london home. police are calling his death unexplained. this is important because we re going to have much more on this story, got a lot of questions for our correspondent in london, we ll bring that to you coming up. but i want to begin this hour with a warning. i want you to listen to a warning. this is a warning that i m about to show you a video of 16 men being shot to death. i m going give you a moment here right now to go ahead and get the kids out of the room, but this is a video released by taliban insurgents in pakistan and it shows more than a dozen men believed to be pakistani policemen lined up. there they are, against the backdrop of the hillside with their hands tied behind their backs facing several men with rifles on the right side of your screen. this man shouting is accusing them of killing children in a crime against islam. a