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Mar 7, 2013

Marketplace Morning Report for Thursday, March 7, 2013

North Korea is threatening a pre-emptive nuclear strike against the United States as the United Nations prepares to vote this morning on a resolution that would boost economic sanctions on North Korea. Facebook is unveiling changes to its ‘Newsfeed’ later today in an effort to sell more ads. The company and its rivals are also exploring location based advertising, but it turns out determining your exact location isn’t as easy as it sounds. And, what’s got automakers down in Europe?

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Segments From This Episode

Historic highs still a thing of the past for Nasdaq
by Dan Gorenstein
The tech-heavy index hasn't been this high in 12 years, but it's tech-bubble days remain the highest heights.
Stressed out? Banks get the Fed’s diagnosis
As the Federal Reserve issues its annual stress test results for big banks, the question is do they have enough cash to survive a deep recession, a 50 percent stock market fall and 12 percent unemployment?
Housing revives, and so do home improvement chains
by Mitchell Hartman
As home prices rise, more owners are preparing housing for sale — and construction companies and building supply chains are hiring again.
U.S. carmakers could benefit from EU industry troubles
by Christopher Werth
The Geneva Auto Show opens in Switzerland this week. It’s usually a glitzy affair, but while U.S. carmakers are on the rebound, gloom has descended on the European auto industry.
North Korea threatens U.S. nuclear strike ahead of U.N. sanctions vote
by Marketplace Contributor
North Korea's government has said it reserves the right to carry out a preemptive nuclear attack against the United States ahead of a U.N. vote on tighter sanctions against the communist regime.
Print takes another hit: Time Warner to spinoff Time magazine
by Nancy Marshall-Genzer
Time Warner announced plans to spin off its magazine namesake. In fact, the company is getting rid of all of its magazines.
Unemployment claims drop to five-year low
by Jeremy Hobson
The Dow is still in record territory in early trading this morning. The surge comes on the heels of strong jobs data from the Labor Department, which show applications for unemployment benefits have fallen to a five-year low.
PODCAST: NYSE on top, Nasdaq what’s up?
by Jeremy Hobson
The Dow stayed in record territory this morning after strong jobs data from the Labor Department. As home prices rise, construction and building supply chains do to. And, is the Nasdaq feeling left out?