Marketplace for Friday April 11, 2014
The President has picked his budget adviser Sylvia Burwell to replace HHS Secretary Kathleen Sibelius. She’s the second director of the Office of Management and Budget to ascend to a higher position in the administration with Jacob Lew as her predecessor). What is it about the OMB – one of the wonkiest spots in a wonky town – that makes it such a good proving ground? Plus: Walmart is challenging Whole Foods with a new line of organic foods with sharply lower prices. But this isn’t meat or produce, its processed foods like spaghetti sauce and pasta. And therein lies the challenge: ain’t much organic wheat grown anywhere. Where you going to find commodity volumes of organic commodity grains, tomatoes and other ingredients? Also, Amazon just bought comiXology for Kindle – but you might be forgiven for thinking that comic geeks would revolt against anything that doesn’t come wrapped in an eminently swappable plastic sheath. Krissy takes a look at the business of making comics pay these days.