Marketplace®

Daily business news and economic stories
Jul 13, 2012

Marketplace for Friday, July 13, 2012

George Soros’ son Jonathan has started a new super PAC, and this one is a little different — an ‘anti-super PAC’ super PAC, if you will. Digg was one of the trailblazing pioneers in the social media world, and yet was sold yesterday for just half a million dollars. Some politicians are outraged that this year’s U.S. Olympic team uniforms are made in China — but maybe it’s the only business decision possible for the team. Commentator Chris Farrell says the idea of the “Golden Years” retirement is a thing of the past, but that may not be a bad thing. And we have the weekly wrap on the latest JPMorgan news.

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George Soros’ son Jonathan has started a new super PAC, and this one is a little different — an ‘anti-super PAC’ super PAC, if you will. Digg was one of the trailblazing pioneers in the social media world, and yet was sold yesterday for just half a million dollars. Some politicians are outraged that this year’s U.S. Olympic team uniforms are made in China — but maybe it’s the only business decision possible for the team. Commentator Chris Farrell says the idea of the “Golden Years” retirement is a thing of the past, but that may not be a bad thing. And we have the weekly wrap on the latest JPMorgan news.

Marketplace for Friday, July 13, 2012