Marketplace Morning Report for Wednesday, January 29, 2014
Last night's State of the Union speech was all about the American perspective. President Obama focused on income inequality, wages, jobs, and the U.S. middle class. We check in on how the speech is being received in the rest of the world. Nintendo is having a rough morning. The classic game maker announced that its operating profit fell 6.9 percent for the third quarter. Nintendo already expects a net loss for the year. You could say Nintendo's facing an identity crisis. For 30 years, it's made games you can only play on Nintendo hardware. Does it have to change to survive? And, the price of stamps went up 3 cents again. If you bought forever stamps forever ago, you're probably getting a good return.
Last night’s State of the Union speech was all about the American perspective. President Obama focused on income inequality, wages, jobs, and the U.S. middle class. We check in on how the speech is being received in the rest of the world. Nintendo is having a rough morning. The classic game maker announced that its operating profit fell 6.9 percent for the third quarter. Nintendo already expects a net loss for the year. You could say Nintendo’s facing an identity crisis. For 30 years, it’s made games you can only play on Nintendo hardware. Does it have to change to survive? And, the price of stamps went up 3 cents again. If you bought forever stamps forever ago, you’re probably getting a good return.
