Marketplace Morning Report for Monday, June 4, 2012

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Episode Description 
Stocks are down all over the world this morning as investors have their first chance to react to the Labor Department's May jobs report on Friday. New Mexico's largest ever wildfire is still growing and you can bet the bill to put it out will be high. Tomorrow, if you live near a 'Pizza Patron' and order in Spanish, you'll get your pizza for free. This Tuesday the nation will watch as Wisconsin voters head to the polls to decide whether recall their Republican Governor or not.

How young is too young to be on Facebook?

In order to increase its reach, Facebook is now developing a system that would allow children under the age of 13 to play games and use the social network.
Posted In: Facebook, privacy, kids, psychology

Europe contemplates centralized authority

It used to be a pipe dream of some European officials just a year ago. Now, German Chancellor Angela Merkel is pushing for a central authority to regulate all the finances of countries that use the euro.
Posted In: eurobond, Germany, Angela Merkel, spain

U.S. continues to muddle through recovery

The interest rate on 10 year government bonds is back up above 1.5 percent and Oil is down to $82 a barrel in New York trading. There are signs of a slowdown in Chinese manufacturing and continual uncertainty about the debt crisis in Europe.
Posted In: U.S., Euro Eurozone, China, jobs report

American Apparel considers outsourcing overseas

American Apparel's CEO says he's getting pressure from other executives and members of the board to make clothes cheaper overseas.
Posted In: outsourcing, fashion, Retail, clothing

Private road deals could cost states

The House and Senate are hashing out differences over a transportation spending bill. One of the sticking points is whether to penalize states that use public-private partnerships to run their roads.
Posted In: Transportation, highways, infrastructure

Mega-wildfires spark costly decisions

Southwest forest fires are getting bigger and more costly, which means officials have to decide which blazes they can afford to fight.
Posted In: fire, wildfire, forest management

Free pizza -- if you order en español

Beyond Pizza Patron’s marketing gimmicks, a plan to reach Hispanic customers.
Posted In: Latino community, Hispanics, Small Business

The role of unions in building a strong middle class

Many Americans agree that the country's economy needs a stronger middle-class. But American voters seem divided on the role that unions play in providing that.
Posted In: unions, middle class, Wisconsin, recall

Fears of global slowdown sink markets

Stocks are down all over the world this morning as investors have their first chance to react to the Labor Department's May jobs report that came out on Friday. But the negative market sentiment isn't just about jobs.
Posted In: emerging markets, China, Europe debt crisis, spain

Portugal's banks get $8 billion bailout

Today three big banks in Portugal were forced to draw on $8.25 billion worth of European Union bailout money to weather the current financial storm. Portugal has been slogging through very tight budgets in order to be eligible for money like this.
Posted In: Portugal, Europe debt crisis, recession

Economic woes go global

May's jobs reports has worried investors worldwide about their short-term prospects. But there are more acute fears of a global slowdown, caused by what’s going on in Europe and emerging markets.
Posted In: jobs report, U.S., Economy, recession

Manufacturing slows in China

Figures coming out of China are showing a slowdown in manufacturing signalling that Western consumers are buying less.
Posted In: China, manufacturing, internet censorship

PODCAST: Facebook for kids and China blocks 'Shanghai Composite Index'

Stocks are down all over the world this morning as investors have their first chance to react to the Labor Department's May jobs report on Friday. New Mexico's largest ever wildfire is still growing and you can bet the bill to put it out will be high. Tomorrow, if you live near a 'Pizza Patron' and order in Spanish, you'll get your pizza for free. This Tuesday the nation will watch as Wisconsin voters head to the polls to decide whether recall their Republican Governor or not.

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Gumball Machine Weekend
Yppah
Legal Man
Belle And Sebastian