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Marketplace Morning Report for May 8, 2008

Episode Description 
Marketplace Morning Report for May 8, 2008

House tables war spending bill

The house put on hold a $195 billion bill to fund the wars in Iraq and Afghanistan after some lawmakers questioned the way the money would be spent. Steve Henn reports on reactions to the move.

SEC tells investment banks: Come clean

The Securities and Exchange Commission is stepping up its scrutiny of investment banks. After the Federal Reserve engineered the rescue of Bear Stearns, regulators want a little something in return. Amy Scott reports.
Posted In: Wall Street

Haitians blame U.S. for food shortages

In Haiti, the price of rice, the country's main staple, has risen nearly 80 percent since September. In the poorest country in the world, that's especially painful. Reed Lindsay reports from Port-au-Prince.
Posted In: Economy

Best Buy gets stake in British retailer

Best Buy has purchased a $2 billion stake in British retailer Carphone Warehouse. The two companies plan to open electronic superstores across Europe. This will be a first. From London, Stephen Beard has more.
Posted In: Retail

Toyota raising prices on Yaris, Camry

Toyota reported a 28% drop in quarterly profit today. The Japanese car maker has steered clear of the auto industry's troubles so far. Now, Stacey Vanek-Smith reports, Toyota will hike the prices on some popular models.
Posted In: Auto, Economy

Peanut farming and the food crisis

Continuing our series on the worldwide food crisis, today we take a look at farmers who are taking advantage of the increased prices of commodities. Josephine Bennett reports from Georgia on the situation for peanut farmers.
Posted In: Economy

British airport security lapse exposed

A gaping loophole in British airport security has come to light: Criminal records checks are not being done for foreign employees. Marketplace's Stephen Beard in London explains the situation to host Scott Jagow.
Posted In: Crime, Travel

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Arizona
Kings Of Leon