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Marketplace Morning Report for Wednesday, May 13, 2015

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Airing on Wednesday, May 13, 2015: First up, we’ll talk about Facebook’s push to house articles directly on its site. We’ll also get a glimpse at Macy’s bottom line, which reports its earnings Wednesday morning. The company recently said it would open four discount stores in New York. We look at what’s driving that strategy for Macy’s and its competitors. Plus, we’ll talk about the most expensive painting ever sold at auction … and whether it was even worth it.

Segments From this episode

Art auction at Christie's sets record for expensive art

by David Brancaccio May 13, 2015
But is the price tag more about setting a record than the art itself?

Why Facebook is now a news publisher

by Stan Alcorn May 13, 2015
It's not just because it "likes" the New York Times.

A look at Macy's bottom line ahead of a new strategy

by Annie Baxter May 13, 2015
Macy's will open four discount stores in New York this fall.

Who are AOL's two million dial-up users?

by Nova Safo May 13, 2015
And what should Verizon do with them?
Mid-day Update

PODCAST: Uber loans

by David Brancaccio May 13, 2015
Retail sales remain flat, Facebook gets into publishing, and Uber drivers get loans.

Sotheby's courts new buyers with an assist from Drake

by Tracey Samuelson May 15, 2015
The musician and auctioneer are collaborating on a new show.

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