Leave the chip-making to Frito Lay: International Business Machines will sell off its microchip factories. More on that. And SolarCity, the country’s biggest installer of rooftop solar-power systems, has a new product: Bonds for consumers to buy into the future of solar in thousand dollar increments. SolarCity has $200 million in bonds for sale. But it already has billions in capital from banks and the stock market. So why go after retail investors? Plus, we’ve been hearing about Apple and what could be their record profits due out later today. Meanwhile, Google, Facebook, and Samsung are interested in what they see as a new frontier. The catch phrase is The Next Billion…the next billion customers for digital devices. Who are these people and where do they live?
We’re here to help you navigate this changed world and economy.
Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.
In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.
Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.