03/18/11
Marketplace Morning Report for Friday, March 18, 2011
Episode Description:
Marketplace Morning Report for Friday, March 18, 2011
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0
Executive bonuses make a comeback
The Wall Street Journal has published a report this morning, examining the executive pay at 50 major corporations. Their findings? CEO bonuses jumped a median of 30.5 percent, the biggest gain in at least three years.
0
G7 coordination stabilizes yen
Chris Low, chief economist at FTN Financial, explains how the Group of Seven central banks have rallied to fight a record-high yen.
0
Federal Reserve expected to ease its grip on bank dividends
As the Fed wraps up its latest round of stress tests, some major banks are expecting be free of the Fed's strict oversight.
4
How a weak yen will help Japan's economy
Jill Schlesinger of CBS/Moneywatch explains how the G7's collective decision to intervene and lower the value of the yen could be the best chance of a swift recovery for Japan.
0
Japan raises nuclear crisis rating
The crisis rating at Japan's Fukushima Daiichi nuclear facility has been raised from level 4 to level 5 on an international scale of 7 as emergency work crews continue to regain control of the reactors. In Sendai, just miles from Daiichi, citizens struggle to return to normal life.
1
Facebook looks to reach beyond social media
Facebook is reaching into areas of entertainment and e-commerce. But can it get its users to switch over and follow?
0
Obama heads to Latin America
President Obama gets set to talk trade with counterparts in Brazil, Chile and El Salvador.
0
Nuclear regulation needs improvement
A report from the Union of Concerned Scientists concludes better enforcement of nuclear safety regulations in the U.S. would have prevented reactor incidents in 2010.
0
Japan quake threatens to undermine Hawaii's economic recovery
Japanese tourism is a big part of Hawaii's economy, and it looks to see a drop off of about 30 percent this spring.
0
G7 rallies to weaken yen, calm markets
The Group of Seven have announced their coordinated intervention plan to ease pressure on Japan's exchange rate, helping to boost stocks and weaken the yen.
5
NH opposes trend, considers cigarette tax cut
As many states face dwindling revenue, New Hampshire is the latest to lure out-of-state smokers with lower cigarette taxes -- a move that could fill budget holes.
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