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Marketplace Morning Report for Tuesday August 19, 2014
Aug 19, 2014

Marketplace Morning Report for Tuesday August 19, 2014

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First up, the world's biggest mining company, BHP Billiton of Australia and London, has announced that it's going to spin off $16 billion worth of businesses, essentially reversing a merger from 13 years ago. The focus now is old school stuff: digging for iron ore, copper, coal, and oil. And from the old to the new -- we've been following the emerging fortunes of a company that rents out your car while you are away: FlightCar. The peer-to-peer economy is the buzzword. Plus, ever heard the phrase, 'Buy the Rumor, Sell the news’? It’s used a lot these days when journalists cover wall street. But what does it really mean? What kinds of ‘news’ stories impact Wall Street trading, if at all? We report. 

Segments From this episode

"Buy the rumor, sell the news"

Aug 19, 2014
The truth behind the popular Wall Street phrase.

Professors struggle to adapt as students forego books

Aug 19, 2014
Expensive text books are being purchased less, to the detriment of learning.

You can rent your car out at the airport for cash

Aug 19, 2014
Another experiment in the "sharing economy."

Equipping cops with cameras is only half the problem

Aug 19, 2014
All that data is difficult and expensive to manage.

PODCAST: Orange Juice down

Aug 19, 2014
Sales for orange juice and textbooks are down, and the complications of putting cameras on the police.

The cost of orange juice is too damn high

Aug 19, 2014
...And other reasons orange juice sales are at their lowest since 2002.

First up, the world’s biggest mining company, BHP Billiton of Australia and London, has announced that it’s going to spin off $16 billion worth of businesses, essentially reversing a merger from 13 years ago. The focus now is old school stuff: digging for iron ore, copper, coal, and oil. And from the old to the new — we’ve been following the emerging fortunes of a company that rents out your car while you are away: FlightCar. The peer-to-peer economy is the buzzword. Plus, ever heard the phrase, Buy the Rumor, Sell the news’? It’s used a lot these days when journalists cover wall street. But what does it really mean? What kinds of ‘news’ stories impact Wall Street trading, if at all? We report.