12/01/08
Marketplace Morning Report for Monday, December 1, 2008
Episode Description:
Marketplace Morning Report for Monday, December 1, 2008
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0
Auto dealerships deal with crisis
About 700 U.S. auto dealerships have closed their doors so far this year as the credit crisis has taken its toll on the automotive industry. Stacey Vanek-Smith reports.
1
Banks consider credit line cuts
Banks want to minimize credit risk, and one way to do that is by not offering so much credit in the first place. This could prove difficult for some consumers who are targets of a credit line cut. Ashley Milne-Tyte reports.
0
Breaking from union arbitration
A case before the U.S. Supreme Court today looks at whether members of a union can go to court even if their union had signed off on arbitration. Nancy Marshall Genzer has details on who is directly involved.
2
A new GM plan to entice Congress
The board at General Motors met over the weekend to discuss a restructuring plan that might work for Congress. Ashley Milne-Tyte tells Steve Chiotakis the plan includes a possible bankruptcy filing just in case.
0
Low exports threaten China's stability
When it comes to exports, China has been on top of the game. But factory orders are at their lowest level since the government started measuring them. Scott Tong reports laid-off workers are causing a stir.
0
Cyber shopping feels real world impact
Online stores have thrived thanks to the advantages of the Web, but this season they're expected to feel the effects of the economic downturn. Danielle Karson reports where e-commerce might still have a slight edge.
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Black Friday provided needed bang
The numbers for the Thanksgiving shopping weekend are in, and sales were up 17% from this time last year -- and the average consumer spent more, too. Jill Barshay explores why Black Friday wasn't so bleak.
1
Wear and tear? Don't replace, repair
If you're a Wall Streeter, you have to dress the part -- but now's not the best time to buy a new pair of $600 shoes. So more people are fixing up the good stuff they already have. Sally Herships reports.
0
Bad for the store, bad for the mall
Malls across the country are entering foreclosure as store sales are down and mall owners can't refinance in times of tough credit. Nancy Marshall Genzer looks into the credit crunch's effect on malls nationwide.
5
Why be worried about deflation?
Will deflation cause problems for the economy? Scott Jagow talks to Fortune Magazine's Allan Sloan about falling prices and why he's not as worried about them -- though he is concerned about inflation down the road.
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