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Marketplace Morning Report for Thursday, Jan. 29, 2015

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Airing on Thursday, Jan. 29, 2015: First up, there’s news this morning the Anglo Dutch company known as Shell managed to increase its profit even with gas prices collapsing. But Royal Dutch Shell stock is down in London because that profit was less than predicted. Some analysts blame this in part on the sharp downturn in Shell’s shale oil business in the US. More on that. Plus, without official explanation from the company, McDonalds CEO is abruptly retiring at the age of 51. McDonalds’ sales have been drooping in the U.S. for two years, with younger people going elsewhere for quick food. Some say its time McDonalds embraces both new technology and something as old as how we break our fast. And now that Detroit is out of bankruptcy and shed a crippling load of debt, you may have heard the positive buzz about creative types moving back, like the great Michigan city is now on a kind of Brooklyn, New York trajectory. The hope now is to bring in more jobs, investments and to rebuild neighborhoods.

 

Segments From this episode

The Crude Economy

Big Oil's first cut: exploration

by Gigi Douban Jan 29, 2015
In response to low oil prices, oil companies may cut back exploration projects.

How health insurance will factor into your tax return

by Dan Gorenstein Jan 29, 2015
Millions of households may have to pay a fine for lacking health care coverage.

Amazon reports earnings amid frustrated investors

by Amy Scott Jan 29, 2015
Is it possible the company finished up the year on an upswing?

Post-bankruptcy Detroit's a bargain for corporations

by Adam Allington Jan 29, 2015
Companies bet that "Made in Detroit" can outsell "Made in America."

NASA's new satellite attracts data-hungry businesses

by Sabri Ben-Achour Jan 29, 2015
Satellite with moisture-sensitive sensors will orbit Earth to peer into the dirt.
Mid-day Update

PODCAST: How do you solve a problem like Amazon?

by David Brancaccio Jan 29, 2015
Unemployment benefits, Shell earnings, and Amazon profits.

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