Marketplace Morning Report for Tuesday, November 19, 2013
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For a time, drugs losing their patent protection and getting cheaper cut into medicine sales around the world. But according to a new forecast from the IMS Institute for Healthcare Informatics, spending on medicines will for the first time top a trillion dollars next year -- and it's the growing middle class overseas. Best Buy has a profit report on the way this morning. About a year ago, business reporters beginning to craft obituaries, as the company seemed headed the way of Circuit City. But Best Buy stock has soared this year. And, one of the great emotional and logistical challenges for baby boomers -- caring for parents at a distance: There are the costs of travel and time missed from work. Then there's the worry and guilt when you can't be there for sick parents.
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The Justice Department will announce a record-setting settlement with J.P. Morgan Chase over mortgages and mortgage-backed bonds. Dow 16,000. S&P 1,800. What does it all mean? And, a byproduct of refining gasoline is clouding the skies of a South Side Chicago neighborhood.
Posted In: driverless cars
A town in England will have a fleet of self-driving cars by 2015.
Posted In: meningitis, FDA
There have been seven cases of type B meningitis at the university since March.
Posted In: JPMorgan Chase, mortgage
The Justice Department is expected to announce a record-setting settlement with J.P. Morgan Chase over mortgages and mortgage-backed bonds.
Besides the physical and emotional strains of caring for an elderly parent, there are the financial effects.
Posted In: Obamacare, ACA, privacy security
The security implications for the botched ACA exchange rollout.