07/15/11
Marketplace Morning Report for Friday, July 17, 2011
Episode Description:
Marketplace Morning Report for Friday, July 17, 2011
0
Clorox, meet your activist investor
Billionaire investor Carl Icahn has offered to buy Clorox for $10 billion, which would give him a major say in the company's fiscal operations.
1
Wall Street's counter intuitive reaction to the debt talks
Jul 15, 2011
Chris Low, chief economist with FTN Financial, explains why investors aren't scared of U.S. debt despite real worries of a default.
0
Wall Street versus Main Street reaction to debt ceiling debate
Jul 15, 2011
Jill Schlesinger, editor-at-large at CBS/MoneyWatch, says people are reacting differently to this week's debt talks, and looks ahead to what could happen should politicians fail to settle the debates.
0
Italy to approve budget cuts in record time
Jul 15, 2011
The Italian parliament is set to approve a slew of budget cuts totaling tens of billions of dollars today, just as lenders started panicking about a possible debt crisis. Economist John Wyse explains.
0
Rebekah Brooks resigns from Murdoch empire
Jul 15, 2011
Embattled News International executive and former News of the World editor Rebekah Brooks has resigned today, as the phone hacking scandal continues.
2
Some American companies do better than others in China
Ford Motors and Yum! Brands are posting banner years in China, a sign that those American companies are delivering products that the Chinese people want.
1
Debt talks: Are we ready for Plan C?
President Obama told lawmakers that "it's decision time" for the ongoing debt talks. But is there an actual deal within reach?
0
Orange juice prices near two-year high
Pestilence and mother nature damage orange crops in Florida and Brazil, raising juice prices to near their historic high.
0
Harry Potter brand continues to conjure up money
Jul 15, 2011
The brand is reportedly worth $15 billion. But can it survive with no new books or movies planned?
0
Congress to discuss oil pipeline rules
In the wake of the recent Exxon oil spill in the Yellowstone River and last year's BP spill, lawmakers will meet to dissect rules and decide on approving a new pipeline.
0
Lufthansa to be first to use biofuel for daily flights
The airline will be testing using a bio-blend on one short route in Germany.
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Twitter launches two-step login to stem hacking
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Delta's CEO on passenger fees, mergers, and why subsidies are bad for business
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