Marketplace Morning Report for Friday, November 4, 2011
The nation's economy created 80,000 jobs in October, according to the latest Labor Department report out just minutes ago. The unemployment rate improved, dropping one-tenth of a percent to 9 percent. Starbucks stock is up more than 5 percent this morning after the company announced its profits were up 29 percent last quarter. Starbucks is benefiting from sales overseas. Former New Jersey Governor, and former Goldman Sachs head Jon Corzine is now also former CEO of MF Global. The company -- which went bankrupt this week because of exposure to European debt -- announced Corzine's resignation this morning.