06/09/08
Marketplace Morning Report for Monday, June 9, 2008
Episode Description:
Marketplace Morning Report for Monday, June 9, 2008
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Speculation of Lehman Brothers sale
While Lehman Brothers expects to lose nearly $3 billion in the second quarter, the bank says it's raising $6 billion in capital from elsewhere. Ashley Milne-Tyte reports it may be readying for a sale.
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Network TV still a place for ads
Between a writer's strike and a weak economy, you might expect the TV industry would be in trouble. But the medium is holding steady. Stacey Vanek-Smith reports network TV is still a big way to tap into a diverse audience.
1
Decades later, London finds a bomb
A German World War II bomb was found near a subway station in London's financial sector. Renita Jablonski talks to underground mapping specialist Mike Sainsbury about how an unexploded device was discovered.
1
Iraqi refugees learn U.S. job style
Even with an impressive skill set, many Iraqi refugees have trouble finding jobs in the U.S. To help, a nonprofit group in Washington, D.C. is working to help bridge the communication gap. Janet Babin has more.
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G-8 leaders say cut oil demand
Ministers from the group of eight industrialized nations met in Japan to discuss rising oil prices. Stephen Beard reports the leaders left the meeting emphasizing greater energy efficiency among the consuming nations.
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Banks aren't out of the woods yet
With banks reporting billions in new losses, is the financial sector really almost out of the woods? Fortune Magazine's Allan Sloan tells Scott Jagow there's no reason to think the trouble has gone away yet.
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One last try in Europe for Bush
President Bush is on his last official trip to Europe, where he's facing tough questions on the economy for the last time. But Bob Moon reports Europeans and Americans both know a lot probably won't change this year.
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