Marketplace Morning Report for Tuesday June 10, 2014
Radio Shack today is rolling out a nationwide expansion of its "Fix It" program. Customers can bring in phones with cracked screens, water damage, broken buttons etc. and have them fixed on site for as little as $39.99. Currently, these fixes can be so expensive that people just don’t bother to make them. Has Radio Shack found the hole-in-the-market that could save consumers money and save a company that some had already written off? Plus, Obama will participate in a special Q&A event on Tumblr where he will answer students’ questions about student loan debt. Also, college grads are on the hunt for jobs, and firms are finally showing more readiness to hire them. A company called Collegefeed wants to step in as matchmaker, acting in a way that's similar to dating websites. Then, California has some of the most ambitious energy conservation goals in the nation. State building codes will require all new residential and commercial buildings be Zero Net energy by 2030. That means buildings will have to produce as much energy as they use. To accomplish that, lots of construction workers will be needed which will translate into new jobs.