Marketplace Morning Report for Monday, May 11, 2009

Episode Description 
Marketplace Morning Report for Monday, May 11, 2009

What banks repaying bailout means

Bill Stone of PNC Wealth Management talks with Steve Chiotakis about why some banks want to raise capital to repay bailout money, anti-trust policy, and the effect health care reform might have on businesses.

The business of going out of business

Circuit City is one of many retailers to go bankrupt recently. Steve Chiotakis talks with Fortune magazine's Allan Sloan about whether retailers declaring bankruptcy is part of a cycle or a shift.

Intel faces big anti-trust fine in Europe

The European Commission is accusing Intel of offering computer manufacturers illegal rebates. If the company is found guilty, it could face the largest anti-trust fine ever levied in Europe. Stephen Beard reports.
Posted In: Crime, Science

Health care industry pledging cost cuts

President Obama and health industry leaders today announce a plan to reduce health-care spending increases that they say could save $2 trillion over 10 years. Marketplace's Jeremy Hobson discusses the details with host Steve Chiotakis.
Posted In: Health

Small banks hurt by housing bust

Small banks in places like Florida are seeing their capital wiped out due to the housing bust. Dan Grech reports.
Posted In: Housing

New Detroit mayor has a lot on his plate

Detroit Mayor-elect Dave Bing will face tough challenges as he prepares to improve the Motor City's fortunes. Sarah Hulett reports.

Air of uncertainty in space industry

As space shuttle Atlantis prepares to launch, President Obama has yet to name a permanent NASA Administrator. That's causing uncertainty in the space industry. Jeremy Hobson reports.
Posted In: Science

Teens cope with less cash in downturn

Teenagers account for $125 billion of annual retail expenditures. But that figure is expected to be lower this year as many teens learn to cope in a bad economy. Youth Radio's Asha Richardson reports.