Marketplace®

Daily business news and economic stories
Oct 16, 2012

Marketplace for Tuesday, October 16, 2012

Citigroup announced today that its CEO has resigned effective immediately, leaving the company in a questionable position. Japan is about to overtake China in the amount of U.S. debt that it holds. Gallup Editor-in-Chief Frank Newport talks about how the town hall participants are chosen for the presidential debate. Levi’s is putting a new spin on recycling — the company plans to take millions of plastic bottles and turn them into jeans. And author Frederick Kaufman discusses how Wall Street speculation affects the price of food.

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Citigroup announced today that its CEO has resigned effective immediately, leaving the company in a questionable position. Japan is about to overtake China in the amount of U.S. debt that it holds. Gallup Editor-in-Chief Frank Newport talks about how the town hall participants are chosen for the presidential debate. Levi’s is putting a new spin on recycling — the company plans to take millions of plastic bottles and turn them into jeans. And author Frederick Kaufman discusses how Wall Street speculation affects the price of food.

Marketplace for Tuesday, October 16, 2012