04/24/09
Marketplace Morning Report for Friday, April 24, 2009
Episode Description:
Marketplace Morning Report for Friday, April 24, 2009
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0
Retail goes down better with a beer
To help juice up sales, some stores are offering free wine and beer to their patrons. Cash Peters visited a few shops in Southern California to see if drunk shopping was a profitable method.
0
Risks and rewards in IMF decisions
The World Bank and International Monetary Fund will discuss implementing G-20 decisions this weekend. Steve Chiotakis talks to Angel Gurria, Secretary General of the Organization for Economic Co-operation and Development, who will be at the meeting.
3
Beaming solar power from space
California law requires utility companies to get a fifth of their electricity from renewable sources by 2012. So Pacific Gas and Electric is getting creative with satellite technology. Jennifer Collins reports.
0
Market rallies when it's not so bad
How are the financial markets reacting to the Treasury's stress tests? Steve Chiotakis talks to analyst Juli Niemann live from Smith, Moore and Company.
3
European hit-makers still getting paid
The European Union Parliament voted to extend recording copyrights from 50 years to 70, helping ensure older musicians continue to get royalty checks for old hits. Christopher Werth reports.
0
A Fiat deal over Chrysler bankruptcy
Chrysler has reportedly told its creditors it will need to file for bankruptcy whether or not it can win concessions from them and the United Autoworkers. But the Fiat deal would still be on. Ashley Milne-Tyte reports.
1
Scrutinizing the role of the IMF
This weekend, the World Bank and IMF will discuss how to protect the world's poorest people from the economic fallout. Many countries are already on the hook for $500 billion from a decision made at the G-20. Tamara Keith reports.
1
It's a nice day for a tight wedding
The bad economy has allowed many couples to scale back on grandiose wedding costs, and that means focusing on what they really want. Ashley Milne-Tyte spoke to one couple who decided to do things camp-style.
1
Stress tests may induce market stress
Treasury officials say that no one can "fail" the banking stress tests, but banks that get a "low pass" may have to explain how they'll boost their balance sheets. Mitchell Hartman reports how results might stress out the markets.
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