Marketplace Morning Report for May 6, 2008

Episode Description 
Marketplace Morning Report for May 6, 2008
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$2.99 a gallon for Chrysler customers

Remember back when you could get a gallon of gas for under $3? Chrysler is offering its customers a bit of a flashback. Through early June, customers who buy or lease a new Chrysler will get a price break on gas. Amy Scott reports.
Posted In: Auto
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Fannie and Freddie reach out and help

Government-backed lenders Fannie Mae and its cousin Freddie Mac are buying up 80% of mortgage securities, giving lenders fresh money to make new home loans. They could lead us out of the housing crisis. Bob Moon reports.
Posted In: Economy, Housing
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The limits of locally grown food

Locally grown food is high on many shopping lists, but if you are an institutional kitchen that serves, say, 10,000, you might have problems with supply. Peter Crimmins reports on locally grown food and economies of scale.
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Disney to unveil quarterly earnings

Does the Magic Kingdom still have that sparkle? Investors find out later today whether the ailing economy has put a damper on Walt Disney's bottom line. The media giant will unveil quarterly earnings. Janet Babin reports.
Posted In: Entertainment
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UBS sells mortgages to American firm

Swiss bank UBS is selling some of its subprime mortgages to an American investment firm for $15 billion -- 25% of the face value. Some see the deal as a sign the credit crisis might be easing. Stephen Beard reports from London.
Posted In: Economy
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French rock in 'eengleesh'

France has a quota system to encourage bands to sing only in French. But, as John Laurenson reports, a new generation of French groups are defying the quotas and singing in what they believe is the true language of rock 'n' roll.
Posted In: Entertainment
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Ads could be calling your cell phone

The FTC is trying to get a handle on mobile advertising, which is when a retailer sends you a coupon or text message on your cell phone. It's the topic of a two-day town hall meeting in Washington. Nancy Marshall Genzer has more.
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Many Amex layoffs seen in merger

The New York Stock Exchange hopes to finish acquiring the American Stock Exchange by the third quarter of this year. As many as 75% of Amex employees may be laid off after the merger. Alisa Roth reports.
Posted In: Jobs, Wall Street

Music from this show

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Satellite
Dave Matthews Band
Message In A Bottle (2003 Stereo Remastered Version)
The Police
The Rat
The Walkmen

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