Marketplace Morning Report for Monday, March 7, 2011

Episode Description 
Marketplace Morning Report for Monday, March 7, 2011

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.

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.

"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.
Posted In: Internet, Retail

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.
Posted In: Investing, Wall Street

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.
Posted In: Oil

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.
Posted In: Wall Street

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.
Posted In: Oil

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.
Posted In: China

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.
Posted In: Mergers and Acquisitions, Retail

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.

Music from this show

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The Tallest Man, the Broadest Shoulders Part I: The Great Frontier Part II: Come to Me Only With Playthings Now
Sufjan Stevens
Acá Entera
Javiera Mena
Everything Hits At Once
Spoon
The Only One
The Black Keys

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