Marketplace Morning Report for Friday, November 29, 2013
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The day after Thanksgiving in the U.S. has evolved from the day get a jump on shopping into something larger. This "mission creep" involves other types of businesses glomming onto the sense that if you are going to spend money, why not today? There's just been a groundbreaking for a four billion dollar railway from the port of Mombasa in Kenya to the capital Nairobi. It's the first phase of a massive rail project that could directly affect the economies of five East and Central African countries. And, hydraulic fracturing or fracking uses chemicals injected into the ground to break fossil fuel free from rock. Environmental concerns continue to swirl around the technique, even as the resulting fuel is moving the U.S. away from its energy dependence on the Middle East. And, fracking uses a lot of chemicals which delights the chemical industry.
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The White House's self-imposed deadline for healthcare.gov to be "working smoothly" for the "vast majority of users" is Saturday. Australia has rejected a $2.6 billion bid by Archer Daniels Midland -- to buy one of Australia’s largest grain companies. And, Globalist Quiz time.
In 2012, how many of the Fortune 500 companies individually generated $10 billion or more in profits?
Posted In: healthcare.gov, insurance companies
The White House's self-imposed deadline for healthcare.gov to be "working smoothly" for the "vast majority of users" is Saturday
Posted In: Black Friday, Retail
Black Friday discounts extend beyond flat-screen TVs, cashmere sweaters, toys and stocking stuffers
Posted In: silicon tally
$99. 100,000 pets. 7500. 50,000. 174 years. Do you know what these numbers mean?
Posted In: Kenya, rail
A massive rail project could have a major impact on the economies of five African countries.