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Marketplace Morning Report for Friday, May 25, 2012

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After a week that included Facebook's IPO fizzle, talks of a Greek exit, and the impending debt ceiling showdown, the economic landscape may be taking a toll on our psyche. After all the doom and gloom in the worldwide economy, we get a nun's take on the economic recovery in her community and her local service work. The ketchup bottle just got a major upgrade thanks to a team of M.I.T. scientists -- no more whacking the bottle to squeeze out the last dregs. And the automaker Ford cashes in on its logo in the form of toys, T-shirts, and videogames.

A week of economic woes and Facebook fizzle

In the last week, we've heard of a possible Greek exit from the euro, a U.S. debt ceiling showdown, HP layoffs, and a Facebook stock lawsuit. How does this news affect our psyche and what stories should we focus on amid all the turmoil?
Posted In: Facebook, debt ceiling, recession, austerity, France

Campaign for Scotland's independence launches

Supporters of cutting Scotland loose from the rest of the United Kingdom kicked off their independence campaign today. A key part of the U.K.'s wealth is the oil under the North Sea, which would become Scottish territory.
Posted In: Scotland, Oil, england

New Zealand: First smoke-free country?

This week New Zealand announced the price on cigarettes will rise by 40 percent over the next four years -- to more than $15 U.S. a pack -- as part of an effort to eliminate smoking in New Zealand completely by 2025.
Posted In: New Zealand, cigarettes, smoking

TV Networks sue Dish Network over ad-skipper

Satellite TV provider Dish Network has a new digital recorder called AutoHop that cuts out commercials. Fox, NBC, and CBS are now suing to stop it.
Posted In: dish network, tv, Fox, CBS, NBC, lawsuit

Independence could lead to a wealthier Scotland

Scotland has been a part of the United Kingdom for the past 300 years, but many Scots think it's a bad deal. Scotland is home to most of the U.K.'s oil and gas production in the North Sea.
Posted In: Scotland, United Kingdom, Oil

Low U.S. employment growth and the tech sector slows

Some point to the Facebook stock flop as sign of a slowing tech sector. Meanwhile, employment growth for unskilled workers in the U.S. remains stalled.
Posted In: recession, Unemployment, Facebook, IPO

PODCAST: A fake sandstorm and Businessweek's advice to 'bang head'

After a week that included Facebook's IPO fizzle, talks of a Greek exit, and the impending debt ceiling showdown, the economic landscape may be taking a toll on our psyche. After all the doom and gloom in the worldwide economy, we get a nun's take on the economic recovery in her community and her local service work. The ketchup bottle just got a major upgrade thanks to a team of M.I.T. scientists -- no more whacking the bottle to squeeze out the last dregs. And the automaker Ford cashes in on its logo in the form of toys, T-shirts, and videogames.

A nun's take on the economic recovery

Sister Albertina Morales works with some of the most economically destitute people in Los Angeles. And according to her, the economic recovery isn't much of a recovery at all.
Posted In: los angeles, social services, poverty

Colorado cantaloupe growers try to spring back

Last fall, a listeria outbreak in cantaloupes traced to a Colorado farm killed 30 people around the country. The economic fallout from the tragedy has been far reaching.
Posted In: cantaloupe, Agriculture

Getting the most out of your ketchup bottle

Researchers at the Massachusetts Institute of Technology have come up with a coating that keeps condiments from sticking to the bottle.
Posted In: ketchup, Science

Ford finds a market beyond cars

Ford's blue oval logo and pick-up truck slogan fuels sales of licensed products from Hot Wheels toys to girls’ T-shirts.
Posted In: Ford, marketing, logo, toys