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Marketplace Morning Report for Monday, March 9, 2009

Episode Description 
Marketplace Morning Report for Monday, March 9, 2009

Merck, Schering-Plough plan merger

Drug makers Merck and Schering-Plough will join forces under Merck's name in a deal worth $41 billion in cash and stock. Steve Chiotakis talks to Ashley Milne-Tyte about how both companies stand to benefit from the deal.
Posted In: Health, Mergers and Acquisitions

Housing auction stirs strong feelings

Over 1,000 people showed up for an auction on foreclosed properties yesterday in New York City. The crowd was double what it was last year and drew two dozen protesters. Jennifer Collins explores the emotional responses to the auction.
Posted In: Housing

Foreign MBAs denied work in U.S.

A clause in the latest stimulus bill has made Bank of America turn down some foreign MBA students in the U.S. Critics of the move say it could turn off foreign students from enrolling in U.S. business schools. Stephen Beard reports.
Posted In: Education, Jobs

The bankruptcy business is booming

Circuit City is the latest example of a large-scale business closing its doors with the help of Chapter 11 bankruptcy. Bill Radke talks to Fortune Magazine's Allan Sloan about the benefits of liquidation and bankruptcy loans.

Chinese automakers look to U.S. bids

Rumors are circulating of a few Chinese companies looking to make bids on brands owned by GM, Chrysler and Ford. The move would help China's automakers in their efforts to go global. Scott Tong reports.
Posted In: Auto

Tattoo parlors a mark of success

The economy may be troubled, but people are still getting tattoos. Andrea Mustain visits parlors from Brooklyn to the suburban malls of Wayne, New Jersey, and explores various reasons for getting inked up.

Native Americans meet on business

The National Reservation Economic Summit kicks off today in Las Vegas, where Native American businesses can network for clients. Ronni Radbill reports business owners are finding creative ways to stay afloat.
Posted In: Entrepreneurship

U.S. automakers meet officials on aid

The Obama administration's auto team is in Detroit today sussing out uncertainty over General Motors and Chrysler's rescue plans. The government has until March 31 to decide whether to hand over more aid. Ashley Milne-Tyte reports.
Posted In: Auto

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At Les
Carl Craig