11/25/11
Marketplace Morning Report for Friday, November 25, 2011
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More and more mobile devices like iPads are handling our purchases, but the makers of computers and cash registers aren't ready to give up the industry yet. TV sets are among the most discounted items for Black Friday this year. New York City's Grand Central Station is about to become home to Apple's newest store, and we speak to the CEO of Macy's on this year's holiday season.
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PODCAST: Black Friday strikes again
More and more mobile devices like iPads are handling our purchases, but the makers of computers and cash registers aren't ready to give up the industry yet. TV sets are among the most discounted items for Black Friday this year. New York City's Grand Central Station is about to become home to Apple's newest store, and we speak to the CEO of Macy's on this year's holiday season.
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Could the euro be on its last legs?
The economic problems in Europe continue to gain steam, with Italy and Hungary making the latest headlines.
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Apple Store arrives at Grand Central Station
New York's iconic train station gets an iconic tenant. Will Apple spur retail traffic in nearby stores?
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European bailout fund has little force left
The news from Europe this morning starts with Italy, which had to pay a euro-era record rate to borrow money from the bond market. Meanwhile, Hungary's bonds were downgraded to junk status.
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Mobile apps increasingly replacing cash registers
The ability to conduct purchases on mobile devices is growing as apps develop, but traditional cash register companies are still making up the majority of the market.
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TV sales likely to drop this holiday season
Among the most discounted items this holiday season will be television sets, despite new technologies designed to increase demand.
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The head of Macy's on Black Friday and the future of retail
The National Retail Federation says 152 million Americans will be hitting the stores this weekend, which seems odd in an economy that's saddled with high unemployment and lots of consumer debt.
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Syria misses Arab League deadline
Syria has missed a deadline it was given by the Arab League to end violent conflict in the country. Now, Syrians will feel the hurt of economic sanctions.
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India will allow foreign supermarkets into country
The decision could mean big bucks for American companies like Wal-Mart, but some are nervous to what that could mean for local businesses.
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NHL set to shift teams between conferences
The NHL's Board of Governors is getting ready to vote on a realignment plan to move different teams into different conferences.
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