Marketplace Morning Report for Thursday, March 14, 2013
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Volkswagen, a company on a quest to become the world's largest automaker, reports earnings today. What do the proposed federal budgets of House Republicans and Senate Democrats have in common? And J.C. Penney seriously needs to catch a break right now. Shoppers were scared off when the chain eliminated big sales in favor of everyday low prices. Now, Penney's will open 681 'Joe Fresh' shops inside of their main stores.
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Samsung looks to challenge Apple's cool-factor. Prices are up, should we be worried about inflation? And, new restrictions on shark fishing.
Posted In: inflation, gas prices
The producer price index -- prices received by U.S. companies -- rose 0.7 percent last month, its largest uptick in five months. Diane Swonk, chief economist with Mesirow Financial, explains what's behind the rise and whether the U.S. should be worried about inflation.
Posted In: animals, Japan, China, endangered species
Japan and China have failed to block new restrictions on shark fishing at an international conference in Thailand.
Posted In: productivity
One of life's little mysteries has been solved: How to fold a fitted sheet. Watch the video and learn for yourself.
Posted In: JC Penney, Retail, clothing
J.C. Penney seriously needs to catch a break right now. Shoppers were scared off when the chain eliminated big sales in favor of everyday low prices. Now, Penney's will open 681 'Joe Fresh' shops inside their main stores.
Posted In: Auto, Volkswagen, car
The people’s carmaker has said it wants to be the biggest auto company in the world, but to do that, Volkswagen must first figure out the U.S. market.
Posted In: samsung, apple, iPhone
Samsung’s revealing its new Galaxy S4 phone today in New York. The smartphone is getting a lot of buzz because it’s the first phone set to challenge Apple’s 'cool.'
Posted In: media, news media, social media
Founder and CEO of Buzzfeed, Jonah Peretti, shares his take on finding the right balance of silliness and seriousness on the social web.
Posted In: Google, Google Glass, privacy
Sure, Google Glass acts mostly as a wearable display screen, but it also works as a video and audio recorder. Harvard Law professor Jonathan Zittrain explains Google's privacy problem when it comes to the high-tech spectacles.