The break in action is to give armed separatists time to lay down their weapons, President Petro Poroshenko says.
The online retailing giant Amazon is expected to unveil a smart phone at a media event in Seattle today, with tech observers buzzing over the anticipated bells-and-whistles-like 3D features.
But many think the phone will largely function as a handheld shopping cart that you can then fill with more of Amazon's stuff.
“They want you to interact with them five, ten times a day, and the mobile phone is a great way to ensure that Amazon is there whenever you might need something,” says James McQuivey, a media analyst with Forrester Research.
McQuivey says an Amazon phone might also include a built-in payment system that could be used with any retailer.
Colin Gillis, senior technology analyst with the brokerage firm BGC Financial, thinks the phone might well be free. Same goes for the data if you're, say, downloading music from Amazon.
“It's the classic razor and blades. You can have the razor for free as long as you keep buying blades from us,” Gillis says.
Even so, Gillis thinks a smart phone won't bust Amazon out of its low profit margins.
Some say that America is becoming a country of paper-pushers; that we aren’t actually making much real stuff anymore. But grassroots designers and fabricators are looking to change that perception. Today these so-called makers are gathering at the White House for a kind of trade fair to promote their businesses and their movement.
Jules Pieri, CEO of The Grommet, who helped shape the event, joins Marketplace Morning Report host David Brancaccio to discuss.
Click the audio player above to hear Jules Pieri in conversation with Marketplace Morning Report host David Brancaccio
Iraq's government is using limited air attacks to strike back at the Sunni group known as ISIS, which now controls large areas of northern Iraq.
In advance of the press conference coming out of the Federal Reserve's two-day meeting, a look at what to expect from Chair Janet Yellen. Plus, more on the debut of the amazon phone. Also, while some criticize the U.S. for not making anything anymore, several fabricators and makers head to Washington, D.C. as part of the 'maker movement.'
And now for a fairy tale about tobacco bonds: once upon a time, it seemed like the clouds had opened up and rained money on many states when the great tobacco company settlement of 1998 was struck.
But like many a lottery jackpot, the $206 billion promised would only get paid out slowly, over time. Impatient and cash-strapped states then figured out ways to get the money quicker by authorizing special bonds. Investors would lend the states their money, knowing they'd get paid back later when the tobacco settlement money trickled in, plus interest.
Yet in some places -- New Jersey, for example -- some of those bonds ran into trouble and the investors who bought them weren’t so happy. Although state officials are under no obligation to fix the problem, they are proud of their solution.
But Fortune magazine senior editor-at-large Allan Sloan is not proud of his home state’s solution.
Click the audio player above to hear Allan Sloan in conversation with Marketplace Morning Report host David Brancaccio