Marketplace for Tuesday May 6, 2014
TV weathermen are the most common contact most Americans have with meteorology and climate, but the consensus on climate change is significantly lower than among them than climate scientists. What is it about the TV meterologist industry? Plus, Bayer has acquired Merck’s over-the-counter consumer pharmaceutical business, and is focusing on developing new drugs. We look at the difference between these two businesses: OTC and Rx, and the advantages of being on one, rather than the other (or even both). Finally, former PayPal Executive Rakesh Agrawal sent a Twitter message to a friend that criticized a colleague. It went out to 11,000 people. He then sent a series of Tweets threatening to share embarrassing content from the communications of corporate colleagues who didn’t support him. Now, Twitter is trying to bring the situation under control.