Posted by Mary Dooe
For Marketplace Morning Report, Thur., Oct. 6, 2011
All this morning, we focus on the legacy of Steve Jobs. Outside of Apple stores all around the world — from Shanghai to London to Bethesda, Md. — Apple customers and Steve Jobs fans have been paying homage to the man behind the brand. In about an hour, President Obama will hold a news conference about his $447 billion jobs creation package — which has met a lot of resistance in Congress. The Financial Times says Europe’s top banking regulator is reexamining the strength of the big banks there. In Alaska, the economy gets a bump this time every year from a permanent dividend. And Marketplace’s own Paddy Hirsch explains what exactly it means when companies hoard their cash.
And here are the songs we played today: