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Mid-day Update

PODCAST: Merkel wants more Europe, Japan’s economy growing

Daryl Paranada Nov 14, 2011
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Mid-day Update

PODCAST: Merkel wants more Europe, Japan’s economy growing

Daryl Paranada Nov 14, 2011
HTML EMBED:
COPY

Here are today’s top headlines from the Marketplace Morning Report and from around the web.

German Chancellor Angela Merkel said today the European debt crisis could be Europe’s most difficult hour since World War II, and that more Europe is needed to tackle the crisis.

Japan’s Nikkei Index has gained more than a percent on news that the country’s economy grew 6 percent last quarter — it’s best pace in more than a year and a sign that the country’s economy is recovering from the earthquake and tsunami back in March.

The Supreme Court says it will hear arguments over President Barack Obama’s health care overhaul, setting up an election-year showdown over the White House’s main domestic policy achievement.

Lowe’s said today its profit fell by more than 40 percent. Blamed partly on hits taken from store closings

J.C. Penney Co. says it had a loss in the third quarter as the department store operator’s results were weighed down by restructuring costs and management transition charges.

A Florida man accidentally tossed his wife’s $10,000 engagement ring into the trash while cleaning the bathroom. Brian McGuinn didn’t realize what he’d done until after the garbage had been picked up. So the couple got permission to search the landfill. After about half an hour, digging through coffee grounds, egg shells — and who knows what else — McGuinn found the ring! As a long-time financial adviser, McGuinn feared the gravity of losing such an expensive ring. As an absent-minded husband, he also feared the gravity of household objects thrown at him from across the room.

Online coupon giant Groupon is launching special holiday coupons tomorrow. They’re not your ordinary Groupons. The so-called epic deals include a round the world trip and private lessons with famous chefs. They’re supposed to help people find special holiday gifts… Round the world trip? Yeah Groupon, so I love my family, but I was kind of hoping for something more along the lines of tube socks or reindeer sweaters?

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