Marketplace Morning Report for Friday, October 26, 2012
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China is blocking access to the New York Times website because the Times is featuring an expose on Chinese Premier Wen Jiabao and his family's accumulation of $2.7 billion in wealth. The election is just 11 days away and out on the stump, the candidate are talking jobs, taxes, and entitlements. One thing we haven't heard much about this election season is climate change. Voters in Chicago will decide on election day whether the city can negotiate for cheaper electricity rates. Merger talks between Random House and Penguin could be the first sign of a big shake-up for the publishing industry.
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The riddle of third-quarter GDP: Consumers consuming, but business ain't booming. China's reaction to a New York Times expose on the country's leader. A new beetles invasion -- this time, the main casualty is not wilting teenage girls, it's Canadian lumber and cost of building U.S. homes.
Posted In: Sports, basketball, NBA
NBA commissioner David Stern will step down in 2014 after 30 years at the league's helm. In that time, it transformed from an also-ran sport into a $5 billion a year business with a global following.
Posted In: China, Wen Jiabao, New York Times
China is blocking access to the New York Times website this morning because the site is featuring an expose on Chinese Prime Minister Wen Jiabao and his family's accumulation of $2.7 billion in wealth.
Posted In: publishing, penguin, Random House, ebooks
Merger talks between Random House and Penguin could be the first sign of a big shake-up for the publishing industry.
Posted In: beverages, energy drink
The FDA already regulates how much caffeine can be added to soft drinks. New reports of five deaths of people who drank Monster energy drinks raises concern in the industry of FDA regulation.