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Marketplace Morning Report for Friday, October 19, 2012

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Macy's looks back to icons including Marilyn Monroe and Madonna to attract shoppers in their teens and 20's. Illinois Governor Pat Quinn will board an Amtrak train heading from Joliet to Bloomington, Illinois, today. The trip is meant to showcase part of the state's new high-speed rail line which will eventually run all the way to St. Louis. Just one week away from the release of Windows 8, Microsoft reported a 22 percent decline in third-quarter earnings.

PODCAST: The biggest oil company ever, Microsoft has tablet fever

Target broke ground on a new Chicago location this week at the site of the city's former Cabrini-Green housing project. The very wealthy have access to lots of things most of us don't, but what about when it's a matter or life or death?

Weak ad revenue pulls Google down

Yesterday Google accidentally fired off its earnings announcement three hours ahead of schedule and profits fell quite short of expectations.
Posted In: Google, Microsoft, Earnings

Microsoft bets its future on tablets

Ahead of its much anticipated Windows 8 release, Microsoft is reporting a 22 percent decline in profit for the third-quarter.
Posted In: Microsoft, windows 8

Walmart faces illegal investment accusations in India

The retail giant is accused by some Indian politicians of giving $100 million to an Indian supermarket chain.

Russia oil firm Rosneft nears deal with BP

The state-controlled Russian oil firm Rosneft is reported ready to enter a multi-billion dollar joint venture with the British oil giant BP to create the world’s biggest listed oil company.
Posted In: Russia, Oil, BP

Leslie Michelson: Doctor to the 1%?

The very wealthy have access to lots of things most of us don't -- that's just the way it goes. But what about when it's a matter or life or death?
Posted In: wealth, healthcare, doctors

Target replaces and remakes old Chicago housing project

Target broke ground on a new Chicago location this week, at the site of the former Cabrini-Green housing project.
Posted In: Chicago, Target

Macy's new brands aim at younger shoppers

The department store looks back -- to icons including Marilyn Monroe and Madonna -- to attract shoppers in their teens and 20's.
Posted In: Retail, Macy's, clothing

Amtrak high-speed rail to compete with airlines

Amtrak is hoping to lure travelers away from other means of transport, like airlines, with new high-speed rail service.
Posted In: Amtrak, Transportation, air travel, missouri