Marketplace Morning Report for Thursday, March 7, 2013
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North Korea is threatening a pre-emptive nuclear strike against the United States as the United Nations prepares to vote this morning on a resolution that would boost economic sanctions on North Korea. Facebook is unveiling changes to its 'Newsfeed' later today in an effort to sell more ads. The company and its rivals are also exploring location based advertising, but it turns out determining your exact location isn't as easy as it sounds. And, what's got automakers down in Europe?
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The Dow stayed in record territory this morning after strong jobs data from the Labor Department. As home prices rise, construction and building supply chains do to. And, is the Nasdaq feeling left out?
Posted In: unemployment benefits, Unemployment, italy
The Dow is still in record territory in early trading this morning. The surge comes on the heels of strong jobs data from the Labor Department, which show applications for unemployment benefits have fallen to a five-year low.
Posted In: Time Warner, newsweek, news media
Time Warner announced plans to spin off its magazine namesake. In fact, the company is getting rid of all of its magazines.
Posted In: North Korea, nuclear, United Nations
North Korea's government has said it reserves the right to carry out a preemptive nuclear attack against the United States ahead of a U.N. vote on tighter sanctions against the communist regime.
Posted In: Auto, France, Switzerland
The Geneva Auto Show opens in Switzerland this week. It’s usually a glitzy affair, but while U.S. carmakers are on the rebound, gloom has descended on the European auto industry.
Posted In: housing market, Mortgages, Home Depot, Retail
As home prices rise, more owners are preparing housing for sale -- and construction companies and building supply chains are hiring again.
Posted In: NASDAQ, new york stock exchange, apple
The tech-heavy index hasn't been this high in 12 years, but it's tech-bubble days remain the highest heights.
Posted In: New York City, Michael Bloomberg, Tech, Internet
New York City's Chief Digital Officer, Rachel Haot, began in the city's startup world and rose to prominence quickly. Now, as member of Mayor Bloomberg's administration, she advocates for more private-public collaboration to make the city a tech mecca that rivals Silicon Valley.