Marketplace for Friday, August 10, 2012
Episode Teaser Image
The Department of Justice has decided not to press charges against Goldman Sachs for allegations that the company deceived investors. It looks like Manchester United's ardent fan base didn't show up for the soccer team's stock debut in the NYSE. Cigar smoking is gaining popularity with a younger crowd. The underground water supply that people in Lubbock, Texas, had been able to rely on in the past is now quickly dwindling. And with the Closing Ceremonies of the 2012 Olympic Games nearing, normally pessimistic Londoners can now breathe an easy sigh -- the Games have gone smoothly.
Posted In: NYSE, IPO, Manchester United
Manchester United's IPO raised $230 million, but not much excitement. Why are investors coy about publicly traded sports teams?
Posted In: London, London Olympics, Olympics 2012
London Olympics go smoothly despite trademark British glumness heading into them.
Posted In: African American, cigars, cigarettes
American teens are smoking cigarettes less these days. But the number of black high school students who smoke cigars has nearly doubled in recent years.
Posted In: Weekly Wrap, Goldman Sachs
Reviewing the week's headlines on Wall Street and beyond. This week: The Department of Justice decides not to press charges against Goldman Sachs.