Marketplace Morning Report for Wednesday, April 17, 2013
Farmers in Niuchong village in the Central Chinese province of Hubei are standing up to a local phosphate mining operation and fertilizer factory they blame for polluting the village's water and air, killing their crops and livestock, and leading to a sharp increase in cancer rates in the region. Britain's biggest retailer Tesco has just announced its first drop in profit in 20 years -- and it seems the U.S. is part of the problem. And the race for music sales is heating up as Amazon nabs a piece of the market from Apple.
Farmers in Niuchong village in the Central Chinese province of Hubei are standing up to a local phosphate mining operation and fertilizer factory they blame for polluting the village’s water and air, killing their crops and livestock, and leading to a sharp increase in cancer rates in the region. Britain’s biggest retailer Tesco has just announced its first drop in profit in 20 years — and it seems the U.S. is part of the problem. And the race for music sales is heating up as Amazon nabs a piece of the market from Apple.