Marketplace Morning Report for Friday, October 22, 2010

Episode Description 
Marketplace Morning Report for Friday, October 22, 2010

Geithner shifting focus from 'currency war' to trade

Chris, Treasury Secretary Tim Geithner has asked the G-20 members to limit their trade surpluses and trade deficits to a percentage of their economic output. Chris Low reports.

Global currencies and a weak dollar: what does it mean?

Countries have been trying to manipulate their currency to boost exports, and that's pitting nations against one another.

AIG sells Asia branch to pay back bailouts

The Asian Life Insurance arm of AIG went public bringing in almost $18 billion to pay back the federal bailout of the insurance giant during the financial crisis two years ago.

Toyota to produce Prius in Thailand

Toyota has announced it'll start producing the Prius in Thailand next month. This is the first time the hybrid will be produced outside of Japan.
Posted In: Auto

G-20 questions how to head off a global currency war

G-20 nations are meeting in South Korea, at the top of their agenda is the question of how to head off a global currency war.

Taylor Swift masters social media marketing

Taylor Swift sure knows how to promote her music. The country singer/songwriter has a new album coming out, and she's already released one single, which you'd know if you were one of her four and a half million Twitter followers.
Posted In: Entertainment

AIG to sell Asian insurance business to pay back bailout

AIG will sell off its valuable Asian insurance business, a move that will jump start its plan to pay back more than a $100 billion in taxpayer bailout money. Mitchell Hartman reports.

G-20 seeks to end currency war

G-20 nations are meeting in South Korea to discuss the question of how to head off a global currency war. Stephen Beard reports.

Sandwich shop employees may join a union

Workers at Jimmy John's are voting whether to unionize, and become the first U.S. fast food workers to do so. Eve Troeh reports.
Posted In: Food

Officials fear rising cost of pension and health care costs

State and local officials are worried that they might not be able to pay the bill for sky-rocketing pension and health care costs. Bob Moon explains.

Political parties "micro-targeting" to get voters to polls

Candidates this year are spending unprecedented amounts of money to get voters to the polls, using sophisticated databases to find only those people most likely to vote their way. John Dimsdale reports.

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