Marketplace Morning Report for Tuesday, October 23, 2012
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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.
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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?
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?
Are businesses that received money from the federal stimulus package now backing republicans who oppose the program?
Posted In: marketing, advertising, brands
From "Assurance" to "Esurance" to "preventistry," companies and marketers are increasingly creating new words to describe their businesses and what they offer.
Posted In: high-frequency trading, stock market, flash crash
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: sequestration, 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: Education, texas, public school
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: Facebook, stock, Earnings, Tech
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.