From the Marketplace Datebook, here’s a look at what’s coming up Tuesday, May 20:
On this day in 1873, Levi Strauss and Jacob Davis are given a patent to create work pants with metal rivets; you may know them as blue jeans.
And in 1932, Amelia Earhart became the first woman to fly solo across the Atlantic.
In Washington, the Senate Health, Education, Labor, and Pensions Committee will hold a roundtable on economic security for working women.
And First Lady Michelle Obama and the President’s Committee on the Arts and Humanities will host the first-ever White House Talent Show.
AT&T is buying satellite TV company DirecTV in a $48.5 billion deal. Like so many other media mergers, the news has executives and Wall Street analysts tossing around corporate buzzwords. There’s the old favorite “synergy,” of course. But “bundle” is the key word for this proposed combination.
And we're reporting from London this week, and what London market report would be complete without a visit to Smithfield Market? Where even at 1:30 in the morning you can buy wholesale bits of cattle. Michell Hucks, who works at Abslom and Tribe at Smithfield, gives us an inside look.
Banks, brokers, markets -- London has it all. Add to that a sturdy legal system and you can begin to understand why it's the financial capital of the world. The city is loved by its locals and foreigners seeking a safe -- and profitable -- haven.
In a commencement speech, Jill Abramson used humor to tackle her controversial dismissal from The New York Times. Like the college students before her, she said, she doesn't know what's next for her.
He shot eight films with Woody Allen and was particularly known for his work on dark films of the 1970s, such as the Godfather series. Wills was dubbed the "Prince of Darkness" for his use of shadows.
The Justice Department accuses five Chinese officials of stealing trade secrets by spying using military and intelligence facilities. These are the first charges of their kind to be made by the U.S.