Marketplace for Thursday, January 30, 2014
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The American economy grew 3.2 percent in the fourth quarter, despite a government shutdown and despite a disappointing holiday shopping season. Businesses are buying equipment, but what are consumers spending our money on? Hint: It’s not household goods, and it's not cars. It's not Exxon, either: The company just announced its fourth quarter earnings dropped 16 percent, on lower production and weaker refining margins. Finally, a bona fide high: Facebook stock is up substantially today, thanks to some positive sales news and profit projections. The company looks a lot different to investors than it did a year ago.
Posted In: American Apparel, Dov Charney
In this next installment of Conversations from the Corner Office, American Apparel CEO Dov Charney talks about his plans for the future.
Posted In: feminism, United Kingdom (U.K.), Nigel Farage, maternity leave
The leader of one of Britain's fastest growing political parties has sparked some outrage
Posted In: casinos, buses, transporation
Casino buses are only loosely regulated by the federal government, despite a spate of recent crashes