Marketplace Morning Report for Tuesday, January 15, 2013
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A decade ago, Dell was the biggest PC-maker on the planet, but as the company struggles to compete, its stock price has been in a steady decline -- until yesterday. Dell shares jumped 13 percent Monday on news the company could be going private. The luxury homebuilder Lennar reports quarterly earnings today. The company has been on a roll lately thanks to an improving housing market. And, Florida tries out a new higher education system to increase science and math majors.
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Dell CEO Michael Dell is in talks with two private-equity firms about a buyout. Ratings agency Fitch has warned the U.S. that if it doesn't raise the debt ceiling soon, it may
Posted In: Retail, consumer spending
Despite the impending fiscal cliff, consumer spending turned out to be higher than expected this holiday season.
Posted In: Education, higher education
New research finds correlation between financial help from parents and academic performance.
Posted In: South Africa, mining
The world's largest platinum producer Anglo American Platinum, also known as Amplats, is planning to close down some of its South African mines and cut around 14,000 jobs. The announcement comes after a series of strikes across the mining sector of South Africa at the end of last year in which mineworkers were demanding higher wages.
Posted In: Florida, Education, Tuition, higher education
Dale Brill, head of the Governor Rick Scott's Education Task Force, discusses a new proposal to incentivize students towards careers with job shortages.