Marketplace for Monday June 9, 2014
President Obama is making big news about changes that will make but a small difference in the student loan debacle. But who will these changes help? And by how much will it help them? Plus, Time Inc. is going at it alone after having been spun off from Time Warner. The biggest-selling magazine in the company's stable of publications is People. But the celebrity magazine industry, like all print media is facing declining sales. So how do People and other celebrity magazines keep up their sales and future-proof their industry? Also, the latest venture-capital investment in Uber has put the car-service algorithm's paper value at more than $17 billion. Who's investing in Uber? And why would they think it's worth so much?