03/07/11
Marketplace Morning Report for Monday, March 7, 2011
Episode Description:
Marketplace Morning Report for Monday, March 7, 2011
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1
Hackers who hack with white hats
Computer hackers who hack to reveal the flaws in computers and phones gather to compete for big cash prizes.
0
Some Middle East countries pull back on buying arms
Iraq and UAE are forgoing the purchase of more weapons systems from the U.S. It's hitting British and French defense contractors too.
1
"New" Newsweek hits the stand
The iconic weekly magazine is now in the hands of a "new media" company. Rick Edmonds, media business analyst at the Poynter Institute, explains what today's relaunch says about the magazine industry.
1
Two years from market low, stocks recover
Economist Gary Schilling explains what it means to be two full years from the low point of the stock market. And what it means for ordinary investors.
0
President Obama considers opening emergency oil reserves
The White House considers tapping into the nation's Strategic Petroleum Reserve to counter rising oil prices. But Gregory Warner reports that it may not cut gas prices.
0
Goldman-linked insider trading trial starts this week
This week, the federal government will head to court for what may be the biggest insider trading case in decades. Fortune Magazine's Allan Sloan say many on Wall Street will be watching closely.
1
Spain slows down drivers to lower gas prices
Spanish drivers are slowing down today to comply with a new speed limit. The BBC's Sarah Rainsford reports the government hopes to reduce Spain's gas bill.
0
China plans "more money for the masses"
As unrest continues in the North Africa and the Middle East, China hopes to prevent similar protests with a new five-year plan to fight inflation and low wages. Rob Schmitz explains.
0
Luxury goods giant buys a piece of watchmaker Bulgari
LVMH owns luxury brands from Louis Vuitton to Moet champagne and it now plans to sell watches. It will acquire a major piece of Italian jeweler Bulgari for $5.2 billion. Stephen Beard explains.
4
Public safety, jobs a concern for bankrupt California city
Police and firemen in Vallejo, Calif., were laid off as the city worked its way through bankruptcy. Hear the new plan to fill city coffers.
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