Marketplace Morning Report for Wednesday, May 8, 2013
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Today the electric car company Tesla Motors is set to announce that it has turned a profit for the first time. That's in part because of the success of its Model S luxury sedan -- but Tesla has also made a pile of cash selling California Zero Emission Vehicle credits to other car companies. Will Google Glass end up being the mark of cool or doofus? And Brazil's Roberto Azevedo is set to become the first Latin American to run the World Trade Organization.
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Out of work Europeans move to Germany. Hospital charges vary widely for the same procedure. And should the government limit the amount of tax-free retirement savings?
Posted In: stock market, global economy
Share prices in Germany hit a new record high today. Asian markets were strong. But U.S. markets were down slightly this morning.
Posted In: retirement savings, 401(k), IRA
Allan Sloan, senior editor at large at Fortune magazine, explains why he thinks Obama's proposal to limit tax-free retirement savings is a bad idea.
Posted In: health care, health insurance, Affordable Care Act
You wouldn't dream of buying a new laptop without comparing prices -- why should health care be any different? The government is releasing new data about what hospitals charge in various places for medical procedures, and the prices vary widely.
Posted In: Germany, Immigration, Europe
More than a million foreigners flocked to Germany for work last year, the biggest influx since 1995. Most of the migrants were from Eastern Europe, but many came from recession-hit countries elsewhere in the euro zone.
Posted In: tesla, carbon-dioxide emissions, california
Luxury electric car maker Tesla is expected to report a profit on Wednesday. The profit comes not from the $100,000 cars, but from California Zero Emission Vehicle Credits that amount to thousands of dollars a car when resold to other car makers.
Posted In: media, news media, mobile
The media landscape is rapidly changing. Kara Swisher, co-exectuive editor AllThingsD, says any news outlet that wants a future must go mobile in every way.
Posted In: News Corp., newspaper, news media
How will News Corporation’s future earnings look once it's free of its newspaper division? The split is scheduled for next month.
Posted In: Internet, Taxes, sales tax, online sales tax
It's rare these days that legislation flies through the U.S. Senate and gets bipartisan support in the House of Representatives -- but the Internet sales tax bill could do both.
Posted In: World Trade Organization, brazil
Brazil's Roberto Azevedo has been chosen to become the next leader of the World Trade Organization, he will be the first Latin American to head the international group.