Marketplace Morning Report for Tuesday, October 23, 2012

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Episode Description 
Among the topics discussed in last night's debate, one word has caught the attention of global markets this morning: Sequestration. Today Facebook is set to release its second quarterly earnings report since going public back in May. Alan Wurtzel, former CEO of Circuit City, shares his views about the downfall of the company and his new book. Yesterday, several Texas school districts began their court case against the way the state funds public schools.

PODCAST: What's in a name, Blue Ivy and the Weather Channel

The littler iPad -- a little late to the party -- not Apple's usual timing. A breakdown of all the China-talk from last night's debate, and are businesses that took stimulus money now supporting politicians against the program?

UPS and 3M lower earnings forecasts

Earnings season continues this morning with a couple of giants: 3M and UPS. What do their earnings tell us about the state of the economy?

iPad Mini aims to fill tablet-smartphone gap

In two hours tech types will gather round their screens big and small for the latest unveiling from Apple. It is widely believed the presentation will introduce a smaller version of the iPad.
Posted In: apple, iPad, tablet

Picking sides on the stimulus

Are businesses that received money from the federal stimulus package now backing republicans who oppose the program?

For some businesses, words can't express what they do

From "Assurance" to "Esurance" to "preventistry," companies and marketers are increasingly creating new words to describe their businesses and what they offer.
Posted In: marketing, advertising, brands

Thrills and spills of high speed trading

It’s fast and furious, and highly controversial. High-frequency trading is the computer–based buying and selling of shares within fractions of a milli-second. A new study just out in Britain suggests this kind of trading is mostly beneficial.
Posted In: high-frequency trading, stock market, flash crash

President Obama drops budget surprise at third debate

President Obama's debate vow that a trillion dollars in automatic spending cuts “will not happen” took Washington by surprise. Making those words a reality will require a bipartisan deal that has been elusive so far.
Posted In: sequestration, debate

Texas schools districts suing state over budget cuts

The trial begins this week. Cash-starved school districts are arguing that big budget cuts violate the state constitution's guarantee of fair and adequate education for all its citizens.
Posted In: Education, texas, public school

Breaking down the China debate

Last night's presidential debate about foreign policy covered a range of topics. As expected, the candidates touched on China and its high-profile relationship to the United States.
Posted In: China, debate, GM, currency

Alan Wurtzel on why Circuit City went bust

Alan Wurtzel, son of the store's founder, details the transformation of the company over the years in his new book, “Good to Great to Gone: The 60 Year Rise and Fall of Circuit City”.
Posted In: circuit city, consumer electronics, bankruptcy

Facebook employees poised to cash in

Restrictions on the sale of Facebook stock by the social media firm's employees end this week, meaning many of them will be millionaires, not just millionaires "on paper." But the sale will likely drive the stock price down.
Posted In: Facebook, stock, Earnings, Tech

Music from this show

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Ashes of the Pagoda
Tower Of Trellick
HK Cinema Funk
Yuuki Matthews

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