Marketplace Morning Report for May 13, 2008

Episode Description 
Marketplace Morning Report for May 13, 2008

Apartheid suits target U.S. companies

Chevron, Citigroup and Ford are among companies accused in three lawsuits of profiting from South Africa's former apartheid system. A move by the U.S. Supreme Court has cleared the way for the lawsuits to go forward. Gretchen Wilson has more.
Posted In: Crime

Consumer spending beat April forecast

The Commerce Department's monthly retail report shows consumer spending dropped last month, but not as much as predicted. Dan Grech looks into why and what the numbers say about the overall economy.
Posted In: Economy, Jobs, Retail

Teens may get help with summer jobs

Teens face tough competition for sales and other jobs again this summer. Congress might lend a hand if it passes a bill to pump a billion dollars into summer job programs. Ashley Milne-Tyte reports from New York.
Posted In: Jobs

Buchholz: When boomers retire

Many baby boomers are expected to keep working past retirement age, but those who do retire will be looking for a steady income. Commentator Todd Buchholz advises heading off one of their choices.
Posted In: Economy, Investing, Retirement

Europe may allow U.S. chicken imports

Europe has had a ban on U.S. poultry imports for 11 years, but the ban could soon be lifted. Americans wash the birds with chlorine to keep the product bug-free. Stephen Beard reports on why that is no longer an issue.

Relief groups tackle two Asian disasters

Asia now faces the aftermath of double disasters -- the quake in China and the cyclone in Myanmar. Relief groups say they have supplies to send to both countries, but getting them there is another story. Scott Tong reports from Shanghai.

What good's disclosure if no one gets it

Transparency in Wall Street's innovative but extremely complex hybrid securities is all well and good, but when the disclosed information is too hard to understand, what's the point? Bob Moon asks if financial innovation has gone too far.
Posted In: Economy, Investing, Wall Street

Summer air travel predictions out today

Stimulus checks are arriving just in time for summer vacation plans. With air fares and gas prices up, those plans are likely to be scaled down. The air travel industry weighs in with its forecast today. John Dimsdale reports.
Posted In: Travel

Lifting the veil on overseas oil deals

Motivated by rising fuel prices, oil companies are striking secret deals with foreign countries -- including corrupt ones -- to tap into their reserves. Now, the government wants disclosure. Sam Eaton has more.
Posted In: Investing

Music from this show

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Smoke On The Water (Live In Oslo, Norway/1987)
Deep Purple
Everything I Do

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