03/01/10
Marketplace Morning Report for Monday, March 1, 2010
Episode Description:
Marketplace Morning Report for Monday, March 1, 2010
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Earthquake rattles Chilean economy
Secretary of State Hillary Clinton will visit Chile tomorrow to get a first-hand look at damage from the massive earthquake on Saturday. Bill Radke talks to Marketplace's Nancy Marshall Genzer about the impact of the earthquake on Chile's economy.
1
New law, new approach to scandal
The Supreme Court wants to scrap its 22-year-old honest services statute, a fraud law that some say is too vague. This could mean new hearings for the Jeff Skilling and Jack Abramoff cases. Brett Neely reports.
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China to Zimbabwe: It's just business
Zimbabwe retains a strong business partnership with China, despite the African country's repressive regime. But China is sending out a clear message that their ties are strictly business and nothing more. Scott Tong reports.
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New grant to target school dropouts
A new White House grant proposal hopes to curb the dropout rate by targeting schools with graduation rates below 60 percent. Bill Radke talks to Marketplace's Nancy Marshall Genzer about how this differs from past educational funding.
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AIA sale will help pay AIG's U.S. debts
AIG is selling off AIA, its Asian life insurance division, to British financial services company Prudential. The $35 billion deal will help AIG pay its debt to U.S. taxpayers. Christopher Werth reports.
1
Not everyone likes the beetles' sound
Bark beetles have trashed millions of acres of forests on the West Coast over the last two decades. But researchers may have found a beetle-be-gone technology that uses the beetles' own sounds against them. Laurel Morales reports.
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Some find ageless tomato in bad taste
An Indian scientist's discovery of how to extend the life of a tomato is being lauded by many as a breakthrough for the country's hungry and for farmers. But not everyone has taken to the idea. Raymond Thibodeux reports.
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A larger role for consumer protection
The financial regulation bill gives the government a larger role in regulating financial products like securities and derivatives. But critics say the bill doesn't do enough to police credit cards and mortgage loans. Stacey Vanek-Smith reports.
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