Marketplace Morning Report for Thursday May 22,2014
Best Buy reports earnings on Thursday, and sales are expected to rebound after a dismal holiday season. The big reason? Online shopping is up 20 percent in the U.S. We look at how Best Buy’s increased focus on e-commerce to compete with Amazon. Plus, Chicago is in the battle to land the new Star Wars museum -- but competition is stiff. To what extent is Chiacgo’s economy based on tourism dollars? And what sort of difference could landing this sort of museum make? Back to London -- realtors in one of its toniest districts boast that business is booming. The dramatic price rises of recent years have spread to most areas of the city. That leaves many wannabe homebuyers unable to buy a home. Realtors want the buoyant market to continue but some Londoners are hoping the bubble bursts.