The Marketplace Morning Report with Kai Ryssdal and Tess Vigeland is a series of seven 9-minute business news modules airing weekdays. This timely report delivers a global business newscast and a hard-hitting feature report. Visit the archive to browse previous stories.
Note: Each of the broadcasts contains some of the newscast items below and one of the features. Since only a few radio markets get all seven broadcasts, we've made them available below.
From Los Angeles: Lucent Technologies announced yesterday that it would cut health benefits for the spouses and children of more than 5,000 retirees.
From Los Angeles: iTunes and RealNetworks beware. The largest downloading service for independent music has spent the last year retooling its website. And it goes online today.
From Washington: So what's it take to be a top 100 company for working moms? Working Mother Magazine released its 19th annual list of the best companies for working moms and you won't believe some of the benefits.
From New York: One of the world's largest insurance and financial services conglomerates may be in hot water for allegedly helping a customer cook its books. American International Group, or A-I-G, says government regulators may charge the company with breaking securities laws in a deal dating back three years.
From New York: Not sure what scent to wear to your job interview? You could invest in a bottle of Wall Street perfume.
From Los Angeles: Yesterday Wall Street giants Goldman Sachs and Lehman Brothers beat expectations and reported surprisingly strong third quarter results...
From Tokyo: : Japan is the second largest contributor to the United Nations, after the U.S. But it does not have a permanent seat on the mighty UN security council. Japan thinks the country deserves one...
From London: The U.S. has fired another salvo in its long-running trade battle with the EU. In a complaint to the World Trade Organization, the U.S. will accuse the European Union of not being fully united.
Features
What happens when the SEC takes action?
Yesterday securities regulators in Massachusetts announced that two units of Franklin Templeton will pay $5 million to settle a complaint about its mutual fund. The Bay State settlement comes just about month after feds announced their own settlement. Another day, another fine from securities regulators.... Seems that way, doesn't it? But where does the money go? Marketplace's Scott Tong looked in to what happens, exactly, when the Securties and Exchange Commission settles up.
Security with a personal touch ...
The Transportation Security Administration wants to get personal. It's asking airlines to hand over passenger information for it's new security program. The system would check passenger names and information against a terrorist watch list. Marketplace's Lisa Napoli Reports. Also, commentator and writer David Manasian offers his thoughts...