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Marketplace Morning Report for Friday, April 27, 2012

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Billionaire businessman Sir Richard Branson, the chairman of Virgin Group, was in Washington yesterday for a forum hosted by Secretary of State Hillary Clinton on how businesses can help solve the world's problems. But why has he been able to succeed on a platform of "screw business and usual." Samsung reported record quarterly profits today, driven in big part by sales of is smartphones. So should global smartphone leader Apple be worried? And later today, Marketplace's Kai Ryssdal sits down with Treasury Secretary Timothy Geithner to talk recession and recovery.

Sir Richard Branson: The full interview

Jeremy Hobson talks with Sir Richard Branson about the airline industry, trains in the U.K and the U.S., and how business leaders can help to solve many of the world's problems.
Posted In: Virgin Atlantic, Transportation, Richard Branson

Sir Richard Branson on solving the world's tough problems

Billionaire businessman Sir Richard Branson the chairman of Virgin Group was in Washington yesterday for a forum hosted by Secretary of State Hillary Clinton on how businesses can help solve the world's problems.
Posted In: Richard Branson, Virgin Atlantic, Transportation

Geithner: 'Relatively comfortable' on Europe, China relationship improving

In excerpts from Kai Ryssdal's interview with Timothy Geithner, the Treasury Secretary says the U.S. will withstand pressures from Europe's financial crisis, and that our economic relationship with China is "getting better."
Posted In: Timothy Geithner

Betsey Johnson files for bankruptcy

The fashion designer Betsey Johnson has filed for bankruptcy protection. Dozens of the fashion designers' stores will close, and hundred of employees will be laid off.
Posted In: fashion, Betsey Johnson, bankruptcy

PODCAST: Richard Branson on business, a preview of Timothy Geithner on the economy

Billionaire businessman Sir Richard Branson, the chairman of Virgin Group, was in Washington yesterday for a forum hosted by Secretary of State Hillary Clinton on how businesses can help solve the world's problems. But why has he been able to succeed on a platform of "screw business and usual." Samsung reported record quarterly profits today, driven in big part by sales of is smartphones. So should global smartphone leader Apple be worried? And later today, Marketplace's Kai Ryssdal sits down with Treasury Secretary Timothy Geithner to talk recession and recovery.
Posted In: Timothy Geithner, Richard Branson

New push for public banks

They are already in North Dakota and Chicago. Now there's a move to get more state and local governments to use them instead of big private banks.
Posted In: public banks, Banks

Staying put in South L.A.

Some middle-class blacks have left the area, but Bernadette Moore still lives and works there.
Posted In: Wealth and Poverty, South L.A.

Being No. 2 could be Samsung's advantage

Samsung reports profits today, and while many people don’t know it, Samsung is Apple’s No. 1 competitor when it comes to the cell phone and tablet space. But the company approaches the business in a very different way than Apple.
Posted In: samsung

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Run, Alive, Run
Felix Laband