Marketplace Morning Report for Thursday, May 23, 2013
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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.
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A deal sweetener from SoftBank. Japan's markets plunge. And is it more money, more problems for professional athletes?
Posted In: Sprint, Softbank, telecom
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: housing market, housing prices, mortgage, Jobs
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: Sports, NFL, financial literacy
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: Japan, stock market
After an electrifying run over the past several weeks, stock markets around the world are down this morning.
Posted In: natural disasters, Tech
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.