From the Marketplace Datebook, here's an extended look at what's coming up the week of May 12, 2014:
In Washington, a look at the nation's balance sheet. The Treasury Department is scheduled to release its monthly statement for April.
Here's a tourist opportunity. The Washington Monument reopens to the public. It's been undergoing repairs for earthquake damage since August 2011.
On Tuesday, the Commerce Department reports on retail sales for April.
National Police Week continues with a candlelight vigil at the National Law Enforcement Officers Memorial.
The Senate Budget Committee discusses, "Expanding Economic Opportunity for Women and Families.
And America will be spending some late nights with him in the future. Stephen Colbert turns 50.
That brings us to Wednesday. The Labor Department releases the Producer Price Index for April.
And thanks to him you are now obligated to publicly acknowledge the birthdays of people you may hardly know. Mark Zuckerberg turns 30.
On Thursday the Federal Reserve releases its monthly report on industrial production.
And put your high heels in your backpack for your daily commute. Friday is Bike to Work Day.
The sound of a reported $3.2 billion is music to Dr. Dre's ears, and not just because his company, Beats Electronics, deals in high-end headphones and sound equipment. If it happens, it would also make him the richest mogul on the Forbes' list of hip hop's wealthiest artists, surpassing Puff Daddy by $100 million.
Though, Forbes' Zack O'Malley Greenburg points out that while the rappers and producers on the list are very wealthy, none are actually billionaires. The rumored sale of his company to Apple would then bring Dre's net worth up to $880 million.
Here's a look at some of the wealthiest people in hip hop if the Beats buyout were to happen (with accompanying lyrics):
1. Dr. Dre - Net Worth: $880 Million (projected)
Chelsea Lauren/Getty Images for BET
"You gotta get it - get it. Get it playa. Count all the cash up. You gotta get it, get it, get it."
- Dr. Dre, "Get Your Money Right"
2. Puff Daddy - Net Worth: $700 million
Kevin Winter/Getty Images for Clear Channel
"Still got cash to blow, raps that flow. Still them cats that know, pack ya flow. That's fo' sho'"
- Puff Daddy, “Bad Boy For Life”
3. Jay-Z - Net Worth: $520 million
Frederick M. Brown/Getty Images
"We push the hottest V's, peel fast through the city. Play Monopoly with real cash"
-Notorious B.I.G. featuring Jay-Z, “I Love the Dough”
4. Bryan “Birdman” Williams - Net Worth: $300 million
Amanda Edwards/Getty Images
"Vroom on a Yamaha chromed out 11 hundred. What I'm doin'? Gettin' money. What we doin'? Gettin' money."
- Bryan "Birdman" Williams, Stuntin' Like My Daddy
5. 50 Cent - Net Worth: $100 million
Jamie McCarthy/Getty Images
"Startin to feel like there's nothin left to talk about but the, money, money."
-50 Cent, “Money”
Apple could be on the verge of its first multi-billion dollar acquisition. The Cupertino-based tech goliath is reportedly in talks with Beats about a $3.2 billion purchase of the company.
Beats, founded by Jimmy Iovine and rapper Dr. Dre, is known for its candy colored headphones and its new music streaming service, Beats Music.
If this deal goes through, it would be Apple’s largest acquisition to date. The second biggest was the 1997 purchase of Next software for $400 million -- the deal that brought Steve Jobs back to Apple.
“That is Apple’s history of acquisitions, they always do small, as we call tuck-ins, just to fill gaps in their technology or their product line, says Mike Levin, with Consumer Intelligence Research Partners. “So you would have to ask the question: What kind of gap does Beats fill?”
Levin says it’s highly unlikely Apple is interested in high-end headphones. It’s the subscription based music streaming service, Beats Music, that’s potentially most valuable to Apple, whose existing music empire is built on 99 cent downloads. “The iTunes store, after growing explosively for several years, has kind of stagnated," says Levin.
Apple did create iTunes radio, but it’s not subscription based, and services like Pandora and Spotify have been much more successful.
The defects include a glitch that can stop the side curtain air bags from inflating in some rollover crashes, and exterior door handles that can bind and stop the door from latching properly.
The House voted to establish a panel to look into circumstances surrounding the 2012 attack on the U.S. diplomatic mission in Benghazi, Libya, that killed the U.S. ambassador and three others.