Marketplace Morning Report for Wednesday, July 22, 2015
Airing on Wednesday, July 22, 2015: We're bouncing off a big day in tech stocks. Apple reported profits yesterday after the market close — Even though earnings were up, the company's stock went down. We'll talk more on how the company failed to meet investors' expectations. And an emerging debate in the Trans Pacific talks … cheese. Who owns the intellectual and property rights to make certain cheeses and foods? Washington wants to allow Asian countries to reject European trademarks for certain foods, which would open the doors for American producers of those products. Plus, bidding wars have resumed in many real-estate markets, but not because of easy mortgage money. So few houses are on the market that buyers are pitted against each other.
Airing on Wednesday, July 22, 2015: We’re bouncing off a big day in tech stocks. Apple reported profits yesterday after the market close — Even though earnings were up, the company’s stock went down. We’ll talk more on how the company failed to meet investors’ expectations. And an emerging debate in the Trans Pacific talks … cheese. Who owns the intellectual and property rights to make certain cheeses and foods? Washington wants to allow Asian countries to reject European trademarks for certain foods, which would open the doors for American producers of those products. Plus, bidding wars have resumed in many real-estate markets, but not because of easy mortgage money. So few houses are on the market that buyers are pitted against each other.