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Market Update 2:00 p.m. ET
DOW -44.46  ;
NASDAQ -4.83 ;
S&P 500 -4.09
THE MARKETPLACE CONFESSIONAL
It's great that people are rediscovering the joys and comforting therapy of an age-old past time that even produces useful clothing. I was amazed at the news of the technological improvement by lighted
knitting — UNTIL, to my horror, I heard the suggestion that they could be used at the movies or in a theater!!! "And that enables people, now, to be able to knit in subdued light. If you're in the car, in a movie, the theater, ..." Ack! As if people trying to talk or text on cell phone at
the movies wasn't already enough. Now we can look forward to the click-click-click of knitting needles accompanied by flickering flashes of light while we try to watch a first run movie. Thanks loads for the innovation."
Vent your rant, frustration or opinion. It's anonymous, so let's hear it.
LATEST NEWS FROM MARKETPLACE
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LATER TODAY ON MARKETPLACE
- Airbus is planning two trial landings of its A-380 airp*** on Monday — one in Los Angeles and one in New York. The company has had its share of problems with the production of the jumbo p***, but airports are paying big bucks in upgrades to accommodate it.
Lisa Napoli has the story.
- California's Tejon Ranch is used for cattle grazing and agriculture, but there are plans to develop a small part of the 270,000-acre landmass into a city for 70,000 people. Kai Ryssdal talks to writer Jon Gertner, who covered the story for the New York Times
real-estate magazine "Key."
- More than 200 flights have been cancelled in anticipation of a seven-inch snowstorm in New York, though some reports are saying it won't be that bad. Alisa Roth looks at whether the airlines are having a knee-jerk reaction from this season's bad weather.
Tune in to your local broadcast or listen online
STORIES FROM THIS MORNING
PR 101: Timing really is everything
Timing is a precious commodity in the public relations industry — and also a strategic tool. Smart companies, not to mention politicians, use a few time-tested formulas in an attempt to maximize the good news and hide the bad.
China loves Skype
Markets in developing nations are growing fast and as they do, they often skip a generation of technology. The latest example: Internet phone provider Skype now has more customers in China than the U.S.
Save the poppies
Afghanistan's poppies already supply over 90 of the world's heroin, and this year's crop is huge. The U.S. wants to destroy the poppy fields, but some folks think they have a better idea.
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