Marketplace Morning Report for Wednesday, April 24, 2013
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Though cigarette usage is dropping, the tobacco industry is expected to post profits. We take a look at their new product lines. Does the U.S. stand to benefit from Japan's territorial dispute with China? And, what does the word 'welfare' mean to you?
Listen to more audio from this episode
Apple disappoints Wall Street. It's the half time show in the earnings game. And Walmart's PR guy explains his work on the company's image.
Posted In: apple, stock
Apple plans to spend $100 billion over the next two-and-a-half years to ease investor concerns over the company's shifting share prices.
Posted In: Bangladesh, manufacturing
A building housing several clothing factories collapsed in Bangladesh earlier today. At least 87 people are dead and many others are thought to be trapped in the rubble.
Posted In: Philadelphia, Silicon Valley, Warby Parker
Tech has never just been about Silicon Valley, and Philadelphia wants the world to know that.
Posted In: branding, Walmart
Walmart is losing its image man. Leslie Dach, executive vice president of corporate affairs at Walmart, will be stepping down this summer after seven years on the job.
Posted In: higher education, california, Jerry Brown
California Governor Jerry Brown is looking to join other states in basing funding increases at public universities on measures like higher graduation rates.
Posted In: cars, auto industry, Auto
Jamie Kitman, New York editor of Automobile Magazine, has just completed driving a $240,000 McLaren sports car across the country. Along the way, he made a few pit stops with Marketplace Tech.
Posted In: tobacco, smoking, e-cigarettes, cigarettes
While cigarette usage has dropped, profits for the tobacco industry are expected to be up.
Posted In: Twitter, hacking, Associated Press, news media
A fake tweet from the AP caused the Dow to fall almost about one percent on Tuesday.