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Marketplace Morning Report for Friday, April 15, 2011

Episode Description 
Marketplace Morning Report for Friday, April 15, 2011

Bank of America profits plummet

The largest bank in the country, Bank of America, announced a 37 percent drop in earnings this quarter due in part to bad mortgages.
Posted In: Banks

New advisory board could help control Medicare costs

The GOP deficit reduction plan would transform Medicare into a voucher program. But a big part of President Obama's plan relies on a powerful advisory board.
Posted In: Health

U.S. consumer prices rise on food, fuel

The Labor Department said today that the Consumer Price Index rose 0.5 percent in March. Gasoline and food prices accounted for almost three-quarters of the increase. Jill Schlesinger from CBS/Moneywatch explains.
Posted In: Retail

Google earnings up 25%

Revenue at Google is up more than 25 percent over last year. But most investors are watching the money going out over the money coming in.
Posted In: Jobs

Better for business: Cali. or Texas?

A group of California lawmakers are in Texas today looking into why California has lost jobs over the past three years, while Texas as created them.
Posted In: Taxes

Peer pressure on privacy issues gets to Apple

Apple is reportedly adding a 'do not track' feature to its Safari internet browser. The company is just the latest to adopt the technology -- but do people use it? Marketplace Tech Report host John Moe explains.
Posted In: Internet

Tokyo nuclear plant operator must compensate victims

The Japanese government has ordered TEPCO, the operator of the crippled Fukushima Daiichi nuclear plant, to pay $12,000 compensation to each of the 50,000 households near the facility.

Foreign investors look at U.S. debt ceiling debate and shrug

At the G20 meetings today, Treasury Secretary Tim Geithner will work to reassure foreign leaders that U.S. politics don't threaten the global recovery.

Economic pressures may shape Libya's future

The former British Ambassador to Libya tells Marketplace that the oil sanctions and economic pressures in Libya are primarily on Col. Muammar Gaddafi, but that the rebels are facing their own issues as well.

Want a job? As an air traffic controller?

The Federal Aviation Administration has launched a nationwide review of air traffic safety. And a top agency official resigned. Henry Krakowski's resignation follows a series of high-profile mishaps where controllers have reportedly fallen asleep while working overnight shifts.
Posted In: Airlines

Illinois-based Amazon affiliates go dark

One Amazon affiliate - fatwallet.com - has already moved its headquarters out-of-state to avoid Illinois' online tax, as Chicago Public Radio's Tony Arnold explains.
Posted In: Retail

Music from this show

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Human Behavior (LPVersion)
Bjork
Galvanize
The Chemical Brothers
The Heinrich Maneuver
Interpol