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Marketplace Morning Report for Thursday, May 23, 2013

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Episode Description 
After an electrifying run over the past several weeks, stock markets around the world are down this morning. Ford Motor Company is calling it quits in Australia. The U.S. automaker says it will shut down its two factories down under and halt production in 2016. And for pro athletes, sometimes the biggest challenge is financial success and the family pressure that comes with it.

PODCAST: More money, more problems?

A deal sweetener from SoftBank. Japan's markets plunge. And is it more money, more problems for professional athletes?

SoftBank sweetens its Sprint pitch, offers U.S. veto power over board member: Report

The Wall Street Journal is reporting that Japan-based SoftBank will allow the U.S. government to pick a member of Sprint's board if the deal goes through.
Posted In: Sprint, Softbank, telecom

What do home sales have to do with the job market?

Domestic migration, when you move from one place in the country to another, plunged in the aftermath of the 2008 financial crisis. Now things are looking up.
Posted In: housing market, housing prices, mortgage, Jobs

Teens tired of Facebook, hot on Twitter, savvy reputation managers

Teenagers are less into Facebook and more into Twitter these days, according to a new report from the Pew Internet and American Life project.
Posted In: pew, Facebook, Twitter, social media, teenagers

Big ad sales on the high seas of online piracy

BitTorrent, a site best known as a way for people to illegally share and download content, says it serves over five billion ads a month. But will advertisers flock to such a dicey marketplace?
Posted In: bittorrent, ads

Young, famous and newly rich: A family dilemma for pro athletes

Kobe Bryant's legal battle with his mother over the sale of his childhood memorabilia is an extreme example of the pressure some pro athletes feel from their families when they become wealthy.
Posted In: Sports, NFL, financial literacy

Japan markets down on stimulus jitters, China manufacturing data

After an electrifying run over the past several weeks, stock markets around the world are down this morning.
Posted In: Japan, stock market

Ford calls it quits in Australia

Ford Motor Company is calling it quits in Australia, after a nearly 90-year run. The U.S. automaker says it will shut down its two factories down under and halt production in 2016.
Posted In: Ford, Australia, Auto, cars

The low-down on the slim down of ESPN

The sports network is expanding and profitable, but hundreds of staff have been laid off.
Posted In: espn, news media, disney, Sports

Why are used car prices falling?

A new report says that used car prices are coming down after hitting record highs. Why?
Posted In: cars, used car, auto industry, auto prices

Will humans outlive Earth's next extinction event?

Scientists may be fretting over global climate change or when the next asteroid will strike Earth's surface. But a catastrophic event doesn't necessarily spell the end for civilization.
Posted In: natural disasters, Tech

Music from this show

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Changing Seasons
Sea Wolf
Surveillance Society
Marginal
Unlimited Love
78 Edits
King Of Hush
Sola Rosa