Marketplace Morning Report for Monday, March 3, 2014
The newly-installed Prime Minister of Ukraine said just now a military conflict in the country would ruin regional stabilty. He also says the new government has no intention of nationalizing private companies. However a key part of that country is now under the authority of the Russian military. And, Americans bought fewer cars than expected this winter, despite big incentive programs from manufacturers and retailers. So GM and Ford will extend offers through March. Plus, Puerto Rico will raise $3.5 billion via a bond issue next month. But Puerto Rico is $70 billion in debt, and the bond money will only keep the island afloat for a short period.