09/19/12
Marketplace Morning Report for Wednesday, September 19, 2012
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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?
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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?
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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.
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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.
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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
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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.
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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.
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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?
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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.
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From good job to newly homeless
A woman living in Loudon County, Va., rides an economic roller coaster.
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Moving on after the Chicago teachers' strike
The Chicago teachers union voted to end their strike yesterday, but repairing relations will take time.
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