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Marketplace Morning Report for Monday, February 27, 2012

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BP's "trial of the century" has been postponed. State tax revenue has been rising at the fastest pace since 2006 -- many states are even reporting surpluses. Some German tax experts want to volunteer their services to Greece, but Greek tax officials aren't happy with the idea. Warren Buffett reveals Berkshire Hathaway has chosen his successor -- but he isn't saying who. And Mitchell Hartman reports from the Wealth and Poverty Desk on the definition of wealth.

BP oil spill trial postponed

The "trial of the century" has been postponed for one week, and the oil giant seems to be scrambling to quickly settle out-of-court.
Posted In: bp oil spill

The effect of higher gas prices on our decisions

How do gas prices affect our short-term decisions in driving, or our longer-term decisions in purchasing vehicles? Fortune magazine's Allan Sloan looks at previous trends.
Posted In: gas prices

Some German tax experts to volunteer advice to Greece

Some volunteer tax experts from Germany want to head to Greece for a series of tax collection workshops to help Greece increase its revenue, but Greek tax officials aren't happy with the idea.
Posted In: Greece, Germany, Greek debt

Warren Buffett refuses to identify chosen successor

The popular leader of Berkshire Hathaway said this weekend that the company has chosen his successor, but isn't revealing who it is.
Posted In: Berkshire Hathaway, Warren Buffett

Trying to save missions to Mars

Mars researchers are meeting with NASA today to figure out if there's a way to pay for future trips to the red planet.
Posted In: mars, space, space exploration, NASA, budget

Crude oil drops, home remodeling up

Economist Ellen Zentner discusses what a drop in crude oil prices could mean for consumers, and about the rise in home remodeling in the U.S.
Posted In: home remodeling, Lowe's, crude oil

PODCAST: Buffett's successor, uptick in remodeling

BP's "trial of the century" has been postponed. State tax revenue has been rising at the fastest pace since 2006 -- many states are even reporting surpluses. Some German tax experts want to volunteer their services to Greece, but Greek tax officials aren't happy with the idea. Warren Buffett reveals Berkshire Hathaway has chosen his successor -- but he isn't saying who. And Mitchell Hartman reports from the Wealth and Poverty Desk on the definition of wealth.

Home improvement stores report profits

Warmer weather helped boost sales for outdoors and spring planning. But what does it say about the U.S. housing picture?
Posted In: home improvement, Home Depot, Lowe's, Housing

Tax surpluses for many states

Amid gloomy reports of government budget deficits, there was some good news at the National Governors Association meeting in Washington. State tax revenue has been rising at the fastest pace since 2006. Many states are even reporting surpluses.
Posted In: state budgets

BP has a lot at stake in 'trial of the century'

BP and other companies involved in the Gulf oil spill could face over $50 billion in damages.
Posted In: bp oil spill

What is wealth? Hint: It’s not just for the rich

Wealth is more than a big paycheck. Assets provide security and a boost for your children’s future.
Posted In: Wealth and Poverty, wealth

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