08/21/12
Marketplace Morning Report for Tuesday, August 21, 2012
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Apple has hit a major milestone. The electronics giant is now the biggest public company ever measured by stock value. It's back to school shopping season and despite the weak economy, luxury retail has been doing well. And kids clothes are no exception. And an 11 mile stretch of the river has been closed because of low water levels. The Midwestern drought has hurt many companies that ship goods down the Mississippi. And that has many industries taking a closer look at where their water comes from.
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PODCAST: A bad day for Best Buy, a stressful life for doctors
Apple has hit a major milestone. The electronics giant is now the biggest public company ever measured by stock value. It's back to school shopping season and despite the weak economy, luxury retail has been doing well. And kids clothes are no exception. And here in the U.S., our doctors are "burned out," according to a new study from the Mayo Clinic.
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Dell to report earnings, plan for the future
After the market closes, the computer company Dell reports its second-quarter numbers. Haven't thought about Dell in a while? Perhaps your boss has.
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Study: U.S. doctors are 'burned out'
A new study from the Mayo Clinic shows high burnout rates among physicians compared with the general public, especially for emergency room, family and general internal medicine doctors.
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The economic legacy of Ethiopia's Meles Zenawi
The country's leader since 1991 has died at the age of 57. Meles faced criticism for civil and human rights abuses in recent years, but he also got credit for a remarkable run of economic growth.
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Apple becomes most valuable company in history
Apple has hit a major milestone. The electronics giant is now the biggest public company ever measured by stock value.
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Best Buy profit falls 90% in second quarter
Shares of Best Buy are down more than 9 percent this morning. The electronics retailer just reported second quarter profits dropped more than 90 percent.
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Luxury brands target children for back-to-school
Even as the economy continues to show signs of weakness, luxury retailers have still been doing well. One strategy? Bidding for customer loyalty from the moment kids step onto the playground.
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An oil refinery secures an essential material: Water
Oil refineries are among the many industries that use large volumes of water. A refinery in water-parched southern California turned to waste water for its needs.
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Gift cards give retailers a boost
Retailers make money by selling gift cards to be redeemed at other stores.
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In Turkey, Syrian refugees use their skills
Some 70,000 refugees have fled the fighting in Syria and crossed over into Turkey. Even in the refugee camps, some are showing entrepreneurial flair.
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