02/01/10
Marketplace Morning Report for Monday, February 1, 2010
Episode Description:
Marketplace Morning Report for Monday, February 1, 2010
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Toyota fixing gas pedals and PR
Toyota is quickly sending dealers parts to fix the gas pedal problem which started a massive vehicle recall, and the car maker has launched an equally sizable PR campaign to repair its image. Steve Chiotakis talks to Marketplace's Amy Scott.
1
2011 budget will set a deficit record
President Obama's budget for next year would drive the deficit to a record of over $1.5 trillion. Bill Radke talks to Marketplace's Amy Scott about program cuts the president is targeting.
1
China makes Davos buzz this year
There's always a buzz at Davos, and this year attendees couldn't stop talking about China, and how the country's economic rise appears on the backdrop of the U.S. and Europe's financial concerns. Stephen Beard reports.
3
Is the Joint Strike Fighter worth it?
For its sizable price tag, many are concerned Lockheed Martin's Joint Strike Fighter won't live up to its $300 billion billing. Others just see the plane going through normal growing pains. Nancy Marshall Genzer reports.
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State Farm drops policies to stay in Fla.
Florida is the riskiest state in the U.S. for a property insurance company for all the catastrophic weather. To stay active there, State Farm will be dumping thousands of its riskier policies. Gregory Warner reports.
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Tea partiers fear profiteering takeover
High prices have driven Tea Party speakers and supporters from attending the group's first convention this week. Many fear the group is losing its grassroots momentum to Republican profit-driving. Brett Neely reports.
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Davos bankers make little headway
Bankers were among the many groups ending their talks over the weekend at the World Economic Forum. But while many agreed on the overall need for global rules, they didn't seem too keen on actual curbs. Stephen Beard reports.
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