Marketplace for Monday, December 21, 2009
Posted In: Mergers and Acquisitions, Wall Street
Cash reserves at the biggest companies in the country are at their highest levels in 40 years. They aren't spending because they're still nervous about the economy and they can't find anything to invest in. Jeremy Hobson reports.
Posted In: Internet, Sports
ESPN has launched its fourth local Web site, this time in Los Angeles. And the sports network says it's just getting started. Host Bob Moon talks with the Sports Business Journal's John Ourand about why ESPN is trying to get bigger by going smaller.
Posted In: Economy, Retail
The last weekend before Christmas is traditionally the biggest shopping weekend of the year. But with record snowfall piling up on the East Coast, a lot of stores didn't get the crowds they hoped for -- except those on the Web. Jill Barshay reports.