Marketplace Morning Report for Monday October 20, 2014
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.
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.