Marketplace®

Daily business news and economic stories
May 11, 2012

Marketplace for Friday, May 11, 2012

The Facebook “highlight” feature will allow users to pay a couple of bucks to promote their status updates in their friends’ timelines. This week’s Weekly Wrap focuses on the news from JPMorgan about its $2 billion loss. A new obesity drug is in line for approval by the FDA and many say that’s key for health care cost savings. Saudi Arabia, the world’s largest exporter of crude oil, wants to become the leader in renewable energy. Kai Ryssdal talks to Andrew Wallenstein from Variety magazine about the upfronts and the television ad industry. And it’s the 100th birthday of the Beverly Hills Hotel.

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The Facebook “highlight” feature will allow users to pay a couple of bucks to promote their status updates in their friends’ timelines. This week’s Weekly Wrap focuses on the news from JPMorgan about its $2 billion loss. A new obesity drug is in line for approval by the FDA and many say that’s key for health care cost savings. Saudi Arabia, the world’s largest exporter of crude oil, wants to become the leader in renewable energy. Kai Ryssdal talks to Andrew Wallenstein from Variety magazine about the upfronts and the television ad industry. And it’s the 100th birthday of the Beverly Hills Hotel.