08/27/10
Marketplace Morning Report for Friday, August 27, 2010
Episode Description:
Marketplace Morning Report for Friday, August 27, 2010
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0
Dell, HP in a ping-pong match for 3PAR
Dell and Hewlett-Packard keep vying for data store manager 3PAR, throwing down offers back and forth. Amy Scott reports.
1
What Fed can do to avoid a double dip
The government revised downward the nation's annual rate of growth. Scott Minerd, is chief investment officer at financial services firm Guggenheim Partners, talks with Steve Chiotakis about his reaction to Federal Reserve Chairman Ben Bernanke's speech.
3
What the Federal Reserve can/can't do
A lot of people will be listening carefully when Federal Reserve Chairman Ben Bernanke steps up to the podium to kick off a big central bankers' convention in Wyoming. Will he be more clear about what he thinks the economy needs right now? John Dimsdale reports.
1
Unmanned vehicle market looks to grow
American troops are leaving Iraq, but its robots are not. The Army said unmanned aircraft flights over Iraq are increasing. That's good news for the people who make unmanned vehicles -- many of them gathering in Denver to show off their products. Zachary Barr reports.
0
Is economic growth still in our future?
The government has revised the second quarter Gross Domestic Product downward to 1.6 percent. CBS MoneyWatch's Jill Schlesinger talks with Steve Chiotakis about whether this means the nation has experienced all the growth it can muster for a while and if this gives us a better idea of where the U.S. economy is.
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Scientists crack wheat's genetic code
British researchers have successfully mapped the genetic makeup of wheat. The BBC's Rebecca Singer reports now on how the scientific breakthrough could help wheat farmers worldwide.
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P-PIP program making money
P-PIP, the public-private investment program, is a key piece of the Obama administration's efforts to bring the financial system back from the brink. And nine months into the program, it's making a lot of money for taxpayers. Reporter Amy Scott talks the details with Bob Moon.
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Touring New Orleans' recovery projects
People inside and outside of New Orleans think the city's recovery after Hurricane Katrina has been too slow and uneven. The hold-up is often blamed on government agencies, but they have to follow residents' rebuilding choices. Five years after the storm, Eve Troeh met the head of the New Orleans Redevelopment Authority, and took a tour of projects underway.
4
China plans big bus to drive over cars
A Beijing suburb has announced it will soon begin testing out a new futuristic bus that would be built on tall legs -- allowing bus passengers to drive above the cars on the highway. No, this is not a joke. China bureau chief Rob Schmitz reports.
0
Detective mulls NY's new divorce law
New York recently became one of the last states to switch to no-fault divorce. That means couples can dissolve a marriage without the need for one spouse to accuse the other of misbehavior like adultery. How might the law affect those who make their living off suspicious spouses?
0
Another recall for Toyota
Toyota has issued yet another big recall of it cars. This time it involves some engine problems in the popular Corolla. Reporter Amy Scott talks with Bob Moon about what the problem is this time.
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