Marketplace Morning Report for Friday, June 12, 1009

Episode Description 
Marketplace Morning Report for Friday, June 12, 1009

Republicans against funding Acorn

Mayors in several U.S. cities are turning to nonprofit group Acorn to help tenants in low-income communities stay in their homes. But congressional Republicans want to block the group from federal funding. Joel Rose explores the issue.
Posted In: Housing

Germany, U.S. in ideological split

Officials from the Group of Eight are meeting to set the agenda for the big G-8 summit this summer. Bill Radke talks to Marketplace's Stephen Beard about a major difference of opinion between Germany and the U.S.

What BlackRock means to small firms

What will the BlackRock deal mean for the smaller financial firms? Steve Chiotakis tracks the growth of BlackRock with Doug Foreman, Director of Equities at Highmark Capital in San Francisco.
Posted In: Mergers and Acquisitions

Niche auto company could get Saab

General Motors is reportedly close to selling Swedish unit Saab. The likely buyer is a small Swedish sports car company called Koenigsegg. The company charges $1 million or more for its vehicles. Stephen Beard reports.
Posted In: Auto, Mergers and Acquisitions

Do stimulus jobs create other jobs?

How can we determine the number of jobs indirectly created by the stimulus? Tamara Keith tries to get to the heart of that number by visiting the first road project driven by the stimulus in suburban Washington, D.C.
Posted In: Jobs

House reps lose on bailed-out firms

The U.S. House's latest financial disclosures will be released today, divulging how much elected reps lost. At least 18 members of the House Financial Services Committee held stock in bailed-out firms. Dan Grech reports.
Posted In: Investing

Facebook to allow unique user URLs

Starting tonight, Facebook users can choose their own URL. This will make profiles easier to find in search engines and to remember. Mitchell Hartman reports why it won't be far-fetched to start seeing Facebook URLs on business cards.
Posted In: Internet

Where calling art 'trash' is a good thing

Cities pay millions of dollars every year to deal with their trash. So some communities are finding artful ways to deal with the issue that both educate and illuminate sustainability. Caitlan Carroll reports.

BlackRock to benefit on Barclays deal

U.S. money manager BlackRock is about to become the world's largest asset manager after agreeing to buy an investment arm of British bank Barclays. Steve Chiotakis talks to Marketplace's Ashley Milne-Tyte about why this deal is so interesting.
Posted In: Investing, Mergers and Acquisitions

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