Marketplace Morning Report for Tuesday, November 19, 2013

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Episode Description 
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.

PODCAST: JPMorgan to settle over mortgage bonds for $13 billion

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.

Dropbox wants to be worth $8 billion

Dropbox is the latest tech company to get caught up in the investment wave in Silicon Valley
Posted In: dropbox

Self-driving cars: In the future, you'll never have to park again

A town in England will have a fleet of self-driving cars by 2015.
Posted In: driverless cars

Princeton to give out meningitis vaccine not approved in the U.S.

There have been seven cases of type B meningitis at the university since March.
Posted In: meningitis, FDA

Historic $13 billion deal between U.S., J.P. Morgan

The Justice Department is expected to announce a record-setting settlement with J.P. Morgan Chase over mortgages and mortgage-backed bonds.
Posted In: JPMorgan Chase, mortgage

Taking care of aging parents, from a distance

Besides the physical and emotional strains of caring for an elderly parent, there are the financial effects.

Best Buy 3.0? The big box reinvented

Best Buy avoided the fate of other big box electronics retailers like Circuit City, but the company is still threatened.
Posted In: Best Buy, big box, showrooming

Obamacare's next possible nightmare: Privacy issues

The security implications for the botched ACA exchange rollout.
Posted In: Obamacare, ACA, privacy security

In Chicago, piles of petroleum coke suggest the future of Canadian tar sands oil

A byproduct of refining gasoline clouds the skies of a South Side Chicago neighborhood.
Posted In: petroleum-based, Koch, BP, Chicago, Environment

Music from this show

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Ronald Jenkees
A Live Mystery
Young Wonder
Misled Children

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