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Marketplace Morning Report for Tuesday, February 12, 2013
Feb 12, 2013

Marketplace Morning Report for Tuesday, February 12, 2013

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As North Korea conducts another nuclear test, its neighbors weigh more sanctions. Publishing company McGraw-Hill, which owns the credit rating agency Standard & Poor's that is the target of a $5 billion lawsuit by the Justice Department, reports earnings today. Ohio Gov. John Kasich's (R) budget proposal cuts income taxes and it lowers the sales tax. But there's the catch: It levies sales taxes on a big list of services for the first time.

Segments From this episode

Since last State of Union, jobs came from health, education

Feb 12, 2013
Perhaps every successful politician promises employment. But looking back at the president's first term, where have the jobs actually come from?

Betting wrong on gentrification in Chicago

Feb 12, 2013
During the bubble, many snapped up properties in neighborhoods they thought were going to become more affluent. But instead of moving up, Chicago's Englewood neighborhood has been spiraling down.

S&P parent company McGraw-Hill faces 'death-knell' Justice Department suit

Feb 12, 2013
The lawsuit against Standard & Poor's seeks a $5 billion penalty that could be a 'death knell' for parent company McGraw-Hill.
Publishing company McGraw-Hill, which owns the credit rating agency Standard & Poor's that is the target of a $5 billion lawsuit by the Justice Department, reports earnings today
STAN HONDA/AFP/Getty Images

Ohio governor proposes tax on haircuts, dating services

Feb 12, 2013
Gov. John Kasich's budget proposal cuts income taxes and it lowers the sales tax, but there's a catch. It levies sales taxes on a big list of services for the first time.

North Korea confirms its biggest nuclear test, but at what cost?

Feb 12, 2013
The test is the country's third and is being condemned by the United States and other countries in the region.

Better radar, tracking systems lead to safest air travel since 1945

Feb 12, 2013
Today marks four years to the day since the last fatal crash of a commercial airliner in the U.S. In addition, the New York Times points out that last year was the safest for global air travel since 1945.

American Express to launch pay-by-tweet

Feb 12, 2013
Starting Wednesday, American Express customers who link their cards to their Twitter accounts will be able to make purchases with a tweet.

State of the Union for jobs: A preview

Feb 12, 2013
Juli Niemann, an analyst with Smith Moore & Company, shares her thoughts on what Obama will highlight and the state of jobs and the economy.

PODCAST: Valentines Day sludge

Feb 12, 2013
Betting wrong on gentrification in Chicago, the safest year for air travel since 1945, and looking back at the president's first term, where have the jobs actually come from?

As North Korea conducts another nuclear test, its neighbors weigh more sanctions. Publishing company McGraw-Hill, which owns the credit rating agency Standard & Poor’s that is the target of a $5 billion lawsuit by the Justice Department, reports earnings today. Ohio Gov. John Kasich’s (R) budget proposal cuts income taxes and it lowers the sales tax. But there’s the catch: It levies sales taxes on a big list of services for the first time.