Marketplace Morning Report for Friday, November 30, 2012

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As other carmakers in Europe struggle for their very survival, Volkswagen is flourishing thanks in part to its worldwide appeal. Republicans have reportedly rejected an opening offer from the White House which calls for a $1.6 trillion tax increase over ten years and the ability to raise the federal debt limit without Congressional approval. Rand Paul (R-KY) joins us to share his thoughts on the ongoing negotiations.  

PODCAST: Face tattoo regrets and a public college fund

The economic damage from Sandy: Is it worse than we thought? New data on consumer spending and a big port strike at the country's most critical port. And aside from Mitt, who's got the biggest regrets post-election? It could be the guy with the Romney face tattoo.

Has outsourcing become outdated?

For decades, the story of American manufacturing has been all about outsourcing. Lately though, some new terminology has come into vogue -- 'insourcing.'
Posted In: outsourcing, manufacturing, insourcing

What trends are on display at the L.A. Auto Show?

The opening of the L.A. auto show comes at an interesting time; the market for cars in the U.S. has rebounded even as the broader economic recovery continues at a painfully slow pace.
Posted In: Auto, los angeles, carmakers, recovery, electric cars

ECB keeps Greek debt secrets under wraps

The European Central Bank has won a legal battle against Bloomberg News to keep some of the ECB’s internal documents about Greece's debt private.
Posted In: Greece, ECB, bloomberg

Markets react to fiscal cliff talks

Markets fell yesterday just moments after House Speaker John Boehner (R-OH) said no substantive progress had been made in the latest fiscal cliff negotiations.
Posted In: markets, fiscal cliff, Hurricane Sandy

As U.N. meets on climate, U.S. blocks a European law

President Obama signed a bill this week protecting U.S. airlines from an emission tax when they fly in and out of Europe. The EU's carbon tax is so unpopular, it's been suspended for all carriers for a year.
Posted In: United Nations, Airlines, Barack Obama, carbon-dioxide emissions, climate change

Prolonged California port strike could affect retailers

Unionized clerical workers who staff the ports of Los Angeles and Long Beach have entered the fourth day of their strike. If the dispute continues, the ripple effects could soon be felt across the country.
Posted In: los angeles, strike, ports, shipping

Cleveland area tries to create a college-going culture

Ohio's Cuyahoga County will start a college savings account for every kindergartener.
Posted In: cleveland, college, college savings, Education

Irish priest reflects on economy two years after bailout

It was exactly two years ago that Ireland faced a similar problem and got an international bailout. How is the country faring now?
Posted In: Ireland, Ireland bailout, european

Rand Paul predicts 'Big, bad, ugly' budget deal

Senator Rand Paul (R-KY) joins us to share his thoughts on the ongoing negotiations to avoid the 'fiscal cliff.'
Posted In: Rand Paul, fiscal cliff, kentucky, Taxes

Volkswagen beats the odds in Europe

As other carmakers in Europe struggle for their very survival, VW is flourishing thanks in part to its worldwide appeal.
Posted In: Auto, Europe, Volkswagen