Marketplace Morning Report for Monday, August 13, 2012

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Episode Description 
Wisconsin congressman and now Republican vice presidential candidate Paul Ryan will be in Iowa today, talking with voters at the state fair. It'll be Ryan's first solo appearance since Mitt Romney announced Ryan as his running mate on Saturday. New figures out this morning show Japan's economy is slowing down. It grew at a rate of 1.4 percent in the latest three-month period. The United States is taking home 104 Olympic medals this year. But there's one winner from the Olympics without any medals. It's something called Kinesio tape.
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PODCAST: Paul Ryan gets picked, Google slashes Motorola Mobility jobs

Wisconsin congressman and now Republican vice presidential Candidate Paul Ryan will be in Iowa today, talking with voters at the state fair. It'll be Ryan's first solo-appearance since Mitt Romney announced Ryan as his running mate on Saturday. New figures out this morning show Japan's economy is slowing down. It grew at a rate of 1.4 percent in the latest three month period. The United States is taking home 104 Olympic medals this year. But there's one winner from the Olympics without any medals. It's something called Kinesio tape.
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Romney's choice of Ryan is about 'substance'

Politico's Glenn Thrush says Mitt Romney chose to roll the dice with Paul Ryan as his vice president pick because he's betting that voters are craving "substance" and more adult conversations about the deficit and budgets.
Posted In: Paul Ryan, Mitt Romney
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Motorola Mobility to lose 20% of its workforce

Google announced this morning it will lay off 4,000 people. They're all employees of Motorola Mobility, which Google recently bought.
Posted In: motorola, layoffs, Google
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Oil prices jump despite expected lower demand

Oil prices have jumped to a three month high in overseas trading. Brent Crude is at $114 a barrel this morning, despite forecasts that say global oil demand will be lower than first expected.
Posted In: Oil, consumer
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Google slashes 4,000 jobs at Motorola Mobility

Google announced this morning it will lay off 4,000 people. They're all employees of Motorola Mobility, which Google recently bought. The layoffs account for 20 percent of Motorola Mobility's workforce.
Posted In: motorola, Google
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Paul Ryan's Wall Street connections

Many Americans are just getting to know Mr. Ryan, who is most famous for his budget plan. But he is already well known on Wall Street.
Posted In: Paul Ryan, Wall Street
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Japanese economy grows at just 1.4%

New figures out this morning show Japan's economy is slowing down. It grew at a rate of 1.4 percent in the latest three month period. That's down sharply from the previous quarter.
Posted In: Japan
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Inside vice presidential candidate Paul Ryan's budget plan

Wisconsin congressman and now Republican vice presidential candidate Paul Ryan will be in Iowa today, talking with voters at the state fair. It'll be Ryan's first solo-appearance since Mitt Romney announced Ryan as his running mate on Saturday.
Posted In: Paul Ryan, budget, Mitt Romney
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Rental markets tighten up in Chicago

Renters trying to find places in hot up-and-coming neighborhoods in Chicago find themselves facing big price increases and stiff competition.
Posted In: Housing, Chicago, rent
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The latest Olympic star: Kinesio tape

Olympic athletes helped increase sales of colorful therapeutic tape.
Posted In: kinesio tape, Health, marketing, athletes, Olympics 2012
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Apple-Samsung trial reveals company secrets

The Apple/Samsung patent trial has exposed some of Apple’s most closely-guarded research, development and design secrets about early prototypes of the iPhone and iPad.
Posted In: apple, samsung

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Love Ave
Para One
Gumball Machine Weekend
Yppah
Root Juice
Chris Joss

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