Marketplace Morning Report for Tuesday, August 6, 2013
Amazon CEO Jeff Bezos snapped up The Washington Post yesterday, along with some other papers, for $250 million. Like most papers, the Post has been losing readers and advertisers. We take a look at what made Bezos do it. One of London's largest financial markets could be moved from the U.K. to the U.S. by its new American owner. London International Financial Futures Exchange, or LIFFE, could be coming stateside. And, today we'll get an earnings report from First Solar, Inc. The American solar panel manufacturer has been branching out by building large-scale solar power projects -- partially in response to the plummeting price of solar panels.
Amazon CEO Jeff Bezos snapped up The Washington Post yesterday, along with some other papers, for $250 million. Like most papers, the Post has been losing readers and advertisers. We take a look at what made Bezos do it. One of London’s largest financial markets could be moved from the U.K. to the U.S. by its new American owner. London International Financial Futures Exchange, or LIFFE, could be coming stateside. And, today we’ll get an earnings report from First Solar, Inc. The American solar panel manufacturer has been branching out by building large-scale solar power projects — partially in response to the plummeting price of solar panels.
