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Marketplace Morning Report for Monday October 20, 2014
Oct 20, 2014

Marketplace Morning Report for Monday October 20, 2014

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Today, Apple of Cupertino, California will reveal how much money it's been making. Take those profits, divide by the number of shares, and the result could be a record. But with the release of the new, thinner iPad, there's talk that growth for tablets is slowing. But even beyond tablets and the iPhone, Apple has some other money makers. More on that. And the American Indian College Fund celebrates its 25th anniversary. We look at why American Indians and Alaska Natives make up just 1 percent of college students today and why they are much less likely to graduate than other groups of students. Plus, we're coming up on two years since Hurricane Sandy hit the east coast, wrecking or paralyzing the New Jersey shore, Manhattan, New York's Long Island and beyond. Scientists predict by the middle of this century, low lying areas from Boston to Baltimore will flood frequently due to climate change. These long-term forecasts are putting increasing pressure on state and local governments to boost their financial resilience.

Segments From this episode

SolarCity courts customers by selling bonds

Oct 20, 2014
Raising capital isn't SolarCity's number one reason for borrowing.

Making a smartphone for just $25

Oct 20, 2014
Cheap smartphones in emerging economies could help the tech industry's survival.

What local government can learn from Hurricane Sandy

Oct 20, 2014
Changing climates put pressure on local government to boost financial resilience.

The American Indian College Fund turns 25

Oct 20, 2014
The fund aims to bolster lagging American Indian graduation rates.

PODCAST: The next billion

Oct 20, 2014
IBM sells chips, SolarCity sells bonds, and tech sells "the next billion."

IBM will no longer make its own chips

Oct 20, 2014
IBM is paying $1.5 billion to GlobalFoundries Inc. to take over its the division.

 

Today, Apple of Cupertino, California will reveal how much money it’s been making. Take those profits, divide by the number of shares, and the result could be a record. But with the release of the new, thinner iPad, there’s talk that growth for tablets is slowing. But even beyond tablets and the iPhone, Apple has some other money makers. More on that. And the American Indian College Fund celebrates its 25th anniversary. We look at why American Indians and Alaska Natives make up just 1 percent of college students today and why they are much less likely to graduate than other groups of students. Plus, we’re coming up on two years since Hurricane Sandy hit the east coast, wrecking or paralyzing the New Jersey shore, Manhattan, New York’s Long Island and beyond. Scientists predict by the middle of this century, low lying areas from Boston to Baltimore will flood frequently due to climate change. These long-term forecasts are putting increasing pressure on state and local governments to boost their financial resilience.

The team

Stephen Ryan Producer, BBC