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.

PODCAST: Valentines Day sludge

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?

State of the Union for jobs: A preview

Juli Niemann, an analyst with Smith Moore & Company, shares her thoughts on what Obama will highlight and the state of jobs and the economy.
Posted In: State of the Union, Obama, Jobs, infrastructure

American Express to launch pay-by-tweet

Starting Wednesday, American Express customers who link their cards to their Twitter accounts will be able to make purchases with a tweet.
Posted In: Twitter, american express, social media

Apple eyes smart watch

While wearable electronics seem to be the next must-have gadget, it's not clear whether consumers are ready to compromise style for function.
Posted In: Tech, apple, watches, mobile

Applico CEO thinks beyond 'an app for that'

Alex Moazed, CEO of Applico, says companies need that companies need to think beyond just a mobile app and rethink their business.
Posted In: app, mobile, startup, Tech

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

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.
Posted In: Airlines, safety, Tech

Where does tech fit on the President's agenda?

Who's that sitting over near First Lady Michelle Obama tonight at the President State of the Union address? Word is it's going to be Apple CEO Tim Cook.
Posted In: Obama, State of the Union, Tech

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

The test is the country's third and is being condemned by the United States and other countries in the region.
Posted In: North Korea, nuclear, China

Ohio governor proposes tax on haircuts, dating services

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.
Posted In: Ohio, John Kasich, Taxes

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

The lawsuit against Standard & Poor's seeks a $5 billion penalty that could be a 'death knell' for parent company McGraw-Hill.
Posted In: Standard & Poor's, fraud, Department of Justice

Betting wrong on gentrification in Chicago

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.
Posted In: Chicago, Housing, gentrification, guns

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

Perhaps every successful politician promises employment. But looking back at the president's first term, where have the jobs actually come from?
Posted In: Jobs, State of the Union, health care, Education

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