Marketplace Morning Report for Monday, May 20, 2013
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Things have been electric on the Japanese stock market recently, but the country is in need of energy and is hunting for it in innovative ways. Gold, a precious metal that was once seen as a durable hedge against the recession, has had a lousy spring. And a solar powered plane continues its cross-country flight.
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Yahoo buys Tumblr. What will happen if the Federal Reserve backs off? And public pensions bounce back, but not enough for some.
Posted In: Japan, Goldman Sachs, energy
Things have been electric on the Japanese stock market recently. But the country is in need of energy and is hunting for it in innovative ways.
Posted In: Commerce Department, Obama, Congress
Commerce Secretary nominee and Hyatt heiress Penny Pritzker will have to shift her billions to avoid conflicts of interest, and prepare for questions about the family business.
Posted In: gold, inflation, inflation hedges
As an investment and inflation hedge, gold still looks overvalued, at nearly 30 percent below its peak. But demand for gold is growing in India and China.
Posted In: smartphone, mobile
Windows phone beats out BlackBerry, iPhones shipments fall, while Android nearly doubles. Who will be the winners and losers in the new smartphone world order?
Posted In: airplanes, solar power, Tech
Inventors of an experimental solar aircraft simply want to prove it’s possible to fly long distances using energy from the sun.