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Oct 24, 2012

Marketplace Morning Report for Wednesday, October 24, 2012

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Just in time for Halloween, something has Wall Street spooked. Yesterday, the Dow fell by more than 200 points for the second time in three trading days. Apple has unveiled its new iPad Mini, which goes on sale Friday -- the same day as Microsoft releases its new Windows 8 operating system. If you cut taxes, does the economy get enough of a boost to offset the lost revenue? Los Angeles is one of many cities giving this a try to attract new businesses. The prospect of the fiscal cliff creates uncertainty, which has got some companies preparing to make their case to Congress for avoiding the fiscal cliff entirely.

 

Segments From this episode

Detroit, San Francisco housing a big hit these days

Oct 23, 2012
The Detroit Tigers take on the San Francisco Giants in first game of the World Series. Detroit has the auto industry, San Fran has the tech sector, but recently both cities have scored solid gains in their housing markets.

Weak earnings drag down stock market

Oct 24, 2012
Just in time for Halloween something has Wall Street spooked. Yesterday, the Dow fell by more than 200 points for the second time in three trading days.

Cities cut taxes in bid to raise revenues

Oct 24, 2012
Los Angeles is one of many cities to offer tax breaks and financial incentives to attract new businesses.

Political trends in VA swing-county tied to growth

Oct 24, 2012
Population gains turned Loudoun County from red to purple.

Windows 8: Will change be good for Microsoft?

Oct 24, 2012
This Friday, Microsoft will release it's new Windows 8 operating system which promises a whole new look and feel. How will the system changes play with individual consumers and businesses?

As fiscal cliff approaches, businesses start to prepare

Oct 24, 2012
The prospect of automatic tax increases and budget cuts creates uncertainty, holding back investment and hiring. Companies also are preparing to make their case to Congress for how to avoid the fiscal cliff entirely.

Finally, some good news on manufacturing - from China

Oct 24, 2012
Manufacturing activity in October rises to a three month high and China eclipses the U.S. in foreign direct investment.

Microsoft hits a snag with EU anti-trust complaint

Oct 24, 2012
The European Union is accusing Microsoft of failing to comply with an anti-trust agreement, meaning Microsoft could face a hefty fine.

Global gender gap is closing, but U.S. lags

Oct 24, 2012
Equality for women has come a long way but still has a way to go according to the 2012 Global Gender Gap report. The report ranks countries on the access women have to education, economic opportunity, healthcare and political power.
German Chancellor Angela Merkel in Munich Germany on October 19, 2012.
Johannes Simon/Getty Images

PODCAST: Cheerios, M&M's, Fox News, oh my!

Oct 24, 2012
Los Angeles is one of many cities to offer tax breaks and financial incentives to attract new businesses. Manufacturing activity in October rises to a three month high and China eclipses the U.S. in foreign direct investment.
 YouGov BrandIndex has released a report on the brands favored by Democrats and Republicans. The top three brands for Democrats: Google, Amazon and Cheerios.
Jonathan Ferrey/Getty Images

Just in time for Halloween, something has Wall Street spooked. Yesterday, the Dow fell by more than 200 points for the second time in three trading days. Apple has unveiled its new iPad Mini, which goes on sale Friday — the same day as Microsoft releases its new Windows 8 operating system. If you cut taxes, does the economy get enough of a boost to offset the lost revenue? Los Angeles is one of many cities giving this a try to attract new businesses. The prospect of the fiscal cliff creates uncertainty, which has got some companies preparing to make their case to Congress for avoiding the fiscal cliff entirely.

 

The team

Stephen Ryan Producer, BBC