Marketplace Morning Report for Wednesday, September 19, 2012

Episode Teaser Image 
Episode Description 
About 350,000 students in Chicago will be back in the classroom this morning. After Chicago public school teachers voted to suspend their seven day strike. The oil and gas company Anschutz is planning to sell its sports and entertainment operation called AEG, which is about the biggest name in Los Angeles sports, with the possible exception of Kobe Bryant. AEG could fetch several billion dollars. And the National Association of Home Builders says builder sentiment is at the highest level in six years -- so what if you want to get into the housing market right now?

PODCAST: Teachers' strike ends, housing market looks hopeful

About 350,000 students in Chicago will be back in the classroom this morning. The oil and gas company Anschutz is planning to sell its sports and entertainment operation called AEG, which is about the biggest name in Los Angeles sports, with the possible exception of Kobe Bryant. AEG could fetch several billion dollars. And the National Association of Home Builders says builder sentiment is at the highest level in six years -- so what if you want to get into the housing market right now?

Groupon enters the mobile payment arena

If you're not intimately familiar with the term "mobile payments," get ready to start hearing it a lot more. Basically, it means "paying for something with a smartphone." Right now some of the big players are Google and a company called Square. But today there's news Groupon is getting in on it.
Posted In: groupon, mobile payments

What teachers can expect as Chicago strike ends

It's back to school today in Chicago. In the next couple of weeks, teachers will vote on the tentative contract deal reached between the union, and negotiators for the school district and Mayor Rahm Emmanuel.
Posted In: strike, Chicago, teachers

Positive signs emerge in the housing market

Slow but steady might be the best way to describe the housing market right now. Groundbreaking on new home construction rose 2.3 percent last month, while homebuilder confidence jumped to a six-year high
Posted In: Housing

Russia accuses U.S. aid group of interfering with politics

Russia is accusing the United States this morning of using its aid mission in Moscow to interfere with Russian politics.
Posted In: Russia, aid

Planned AEG sale attracts group that owns the Dodgers

The latest owners of the Los Angeles Dodgers have caught the Hollywood bug. After leading the record $2.15 billion purchase of the Dodger baseball team, Guggenheim Partners could soon be placing a bid on Anschutz Entertainment Group, which owns the Staples Center and L.A. Live.
Posted In: Staples Center, Dodgers

Tips on buying as housing market recovers

The National Association of Home Builders says builder sentiment is at the highest level in six years. So what if you want to get into the housing market right now?
Posted In: Housing

Yahoo to reward shareholders with billions

Yahoo sold part of its stake in Chinese Internet company Alibaba and will honor a promise to reward shareholders instead of keeping the cash.
Posted In: Yahoo

From good job to newly homeless

A woman living in Loudon County, Va., rides an economic roller coaster.
Posted In: Loudon County, Virginia

Moving on after the Chicago teachers' strike

The Chicago teachers union voted to end their strike yesterday, but repairing relations will take time.
Posted In: teachers, strike, Chicago

Music from this show

Click below to purchase songs from this show through our Amazon affiliate.

Crimewave
Crystal Castles
Let's Go Trippin' (Single Version)
Dick Dale And His Del-Tones