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Marketplace Morning Report for Friday, August 24, 2012
Aug 24, 2012

Marketplace Morning Report for Friday, August 24, 2012

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Lance Armstrong loses his medals, but will the "Lance" brand survive? NASA is trying to get a better idea of the weather forecast for outer space. Usually August means panic on the stock market, but this year we've seen the S&P 500 hit a four-year high and Apple stock rocket to over $670 a share. Have we bucked the trend? And an analyst has a model that predicts an Obama victory in November.

Segments From this episode

NASA probes to study weather in outer space

by Sally Herships
Aug 24, 2012
Forecasting bad weather events in space can save big money down here on earth.
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Durable goods orders are a sign of what's to come

by Adam Allington
Aug 24, 2012
Durable goods encompass a broad swath of the economy and tend to be items consumers forgo in tough times.
A customer shops for washers and dryers at Lowe's in Burbank, Calif.
Kevork Djansezian/Getty Images
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Quiet Wall Street summer coming to an end

by Marketplace Contributor
Aug 24, 2012
After several years of summer drama on Wall Street, the first August in a while without a worrisome a bailout or some other economic calamity is drawing to a close. But vacationing traders should prepare for a wild September.
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Campaign Trail

'Keys' forecasting model predicts an Obama victory

by Jeff Horwich
Aug 24, 2012
Based on his "Keys" forecasting system, Allan Lichtman says only measuring the incumbent matters in predicting election outcomes.
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Lance Armstrong quits fighting anti-doping charges

by Stacey Vanek Smith
Aug 24, 2012
The famed bicyclist says he's innocent, but that he can no longer fight allegations that he cheated by using performance-enhancing drugs. How will his latest move affect his brand?
Lance Armstrong of the USA and Team Radio Shack competes during Stage Five of the 2011 Tour Down Under on January 22, 2011 in Adelaide, Australia.
Photo by Morne de Klerk/Getty Images
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Judge says TVA is liable for Knoxville spill

by Marketplace Contributor
Aug 24, 2012
A federal judge said the Tennessee Valley Authority is liable for the big sludge spill at its power plant near Knoxville a few years back. Millions of tons of coal ash spilled out of a man-made lake and blanketed nearby rivers and land.
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South Korean court gives split decision in Apple vs Samsung

by Scott Tong
Aug 24, 2012
Here in California, a jury enters a third day of deliberations in the smartphone and tablet copyright battle between Apple and Samsung. But today in South Korea, a court facing the some of the same questions issued its ruling.
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Mid-day Update

PODCAST: Lance Armstrong loses his medals, South Korean court rules in Apple vs Samsung

by Ryan Faughnder
Aug 24, 2012
Will the "Lance" brand survive? Usually August means panic on the stock market, but this year we've seen the S&P 500 hit a four-year high and Apple stock rocket to over $670 a share. Have we bucked the trend? And an analyst has a model that predicts an Obama victory in November.
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Will sponsors stand by Lance Armstrong?

by Scott Tong
Aug 24, 2012
The legendary cyclist has been stripped of his Tour de France titles, though he has not admitted to using performance-enhancing drugs. The developments could have serious implications for his personal brand.
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Greenpeace moves protests into cyberspace

by Christopher Werth
Aug 24, 2012
Jeff Horwich: Today, the environmental group Greenpeace boarded a Russian offshore oil-rig in the Arctic Sea to protest drilling in the region by Gazprom. Greenpeace has pulled stunts like this for years. But lately, the group has gone from occupying oil-rigs and fishing boats to hijacking companies’ identities online. Christopher Werth has more. Christopher Werth: […]
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Lance Armstrong loses his medals, but will the “Lance” brand survive? NASA is trying to get a better idea of the weather forecast for outer space. Usually August means panic on the stock market, but this year we’ve seen the S&P 500 hit a four-year high and Apple stock rocket to over $670 a share. Have we bucked the trend? And an analyst has a model that predicts an Obama victory in November.

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