Marketplace Morning Report

with David Brancaccio

Marketplace Morning Report for Tuesday August 19, 2014

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. 

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About the Show

Marketplace Morning Report®, hosted by David Brancaccio, kicks your weekday off right. Now a regular segment on NPR’s Morning Edition®, it’s a dash of news to go with that first cup of coffee. Get a global perspective on what’s making the business news headlines, airing up to five times each morning.