Marketplace Morning Report for Friday, July 30, 2010

Episode Description 
Marketplace Morning Report for Friday, July 30, 2010

Budweiser loses fight to be only 'Bud' in Europe

Budweiser has lost a long-running battle to trademark its name across Europe, allowing a Czech company called Budweiser Budvar to also call itself "Bud".
Posted In: Food

Fed concerned about deflation

A new report from a regional Federal Reserve presidents says the Fed needs to keep an eye on decreasing prices.
Posted In: Banks

New security rules will apply to cargo flying with passengers

Beginning next week, all shipments that fly along with passengers on commercial planes must be screened for security. The shipping industry has had a few years to work up to the new rules, but there have been some setbacks.
Posted In: Airlines

2Q GDP up, but growth still slow

Gross Domestic Product rose by 2.4 percent this quarter -- about what analysts were expecting, but still slower than first-quarter growth.
Posted In: Economy

Chamber wants states to cut back on pensions

The U.S. Chamber of Commerce says states should cut contributions to retirement plans during lean times.
Posted In: Retirement

Hayward felt scapegoated, stepped down for love of BP

Now ex BP CEO Tony Hayward thinks he was made a scapegoat for the Gulf of Mexico oil disaster and BP's response to it.
Posted In: Oil

VIDEO: Sales soar for Shell, sour for Scooby

This week: Profit reports from Speed Stick to Kelloggs, and the cereal facts your parents aren't telling you.

SEC charges billionaire Wyly brothers with 13-year fraud

In a new civil charge, the SEC is accusing two prominent Dallas billionaire brothers of making millions in a 13-year fraud.
Posted In: Investing

Mass. carmakers could lift up hood for mechanics

The Massachusetts legislature could vote on a bill to force carmakers to share repair information with independent mechanics.
Posted In: Auto

Crafters go full-time DIY in recession

The recession has been a boon for do-it-yourself craft-makers hoping to get by selling their wares.

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