11/18/11
Marketplace Morning Report for Friday, November 18, 2011
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President Barack Obama is in Indonesia today, and will attend the signing of a deal that could bring 110,000 jobs to the U.S. Reporter Scott Tong concludes his three-part series from the Horn of Africa. Meanwhile, in the ongoing European debt crisis, Spain is the latest hot-button country. And store employees fight back against Black Thursday openings.
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Somali refugees set up businesses in camps
After being forced to flee their homeland, refugees set up at camps in Kenya have continued on with life, including starting up businesses.
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Workers fight back against early Black Friday openings
Big chain stores like Best Buy, Walmart and Target have plans to open on 'Black Thursday' this year, which has drawn backlash from workers.
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In financial trouble, Spain prepares for an election
Spain is the latest European country to be hit by difficultly in the bond market. Can a shake-up in political power help change that?
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If super committee fails, risk of another downgrade
There are five days until the super committee's intended deadline to make big budget cuts for the U.S. If they fail, more ratings agencies could downgrade the country's debt.
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European leaders clash over Robin Hood tax
German Chancellor Angela Merkel and British Prime Minister David Cameron meet today to discuss a possible Robin Hood tax in Europe.
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The clock is ticking for the super committee
A number of outcomes are possible when the super committee hits up against their deadline next week. Many are hoping that they will at least do the bare minimum to avoid another downgrade.
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Report: More extreme weather on the way
A report out by the Intergovernmental Panel on Climate Change says we can expect hotter summers and more extreme weather events in the coming years.
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U.S. debt downgrade possible, but it won't be a surprise
We speak to David Kelly of JP Morgan Funds about what he thinks the possible outcome of the super committee stand-off could be.
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Ratings agencies not worried yet about super committee deal
We speak to Jill Schlesinger of CBS/Money watch about what the ratings agencies are expecting from the government's finances in the coming year.
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Teen birth rate hits lowest level in decades
The Centers for Disease Control and Prevention is reporting this morning that teenage girls in the U.S. are having fewer babies than ever before.
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PODCAST: Boeing signs a deal, passengers shell out money for plane gas
President Barack Obama is in Indonesia today, and will attend the signing of a deal that could bring 110,000 jobs to the U.S. Reporter Scott Tong concludes his three part series from the Horn of Africa. In the ongoing European debt crisis, Spain is the latest hot-button country. And store employees fight back against Black Thursday openings.
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Mid-day Extra: Midnight movie madness
The Twilight movie was released early this morning. Why do so many fans line up at midnight to see big blockbusters?
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Could Washington's troubles turn into a eurozone-like crisis?
The deadline for the super committee looms. Could the U.S.'s problem be compared to the eurozone's?
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FDA rejects Avastin for breast cancer treatment
Reporter Amy Scott discusses how the FDA's ruling will affect overall sales of the drug.
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Obama attends Boeing plane sale
President Obama will be at a signing ceremony Friday in Indonesia for the purchase of more than 200 Boeing planes by Indonesian airline Lion Air. The $22 billion deal could mean more than 110,000 jobs here at home.
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