Marketplace Morning Report for Monday, November 17, 2008

Episode Description 
Marketplace Morning Report for Monday, November 17, 2008

U.S. visas waived for South Koreans

Travelers from South Korea no longer need visas to travel to the U.S., which is good news for the U.S. travel industry. Ashley Milne-Tyte reports South Korean tourists tend to spend more than other foreign visitors.
Posted In: Travel

Citigroup cuts over 50,000 jobs

Citigroup announced massive job cuts this morning, yet those might not be enough to get the company back in the black. The bank's financial troubles predate the economic crisis. Janet Babin reports.
Posted In: Jobs

What could bring Slovakia back down

Slovakia is riding high with a fast-growing economy, a reputation for manufacturing and its adoption of the Euro. But its job market could be in danger if demand for car production drops. Stephen Beard has more.

Drop in exports fuels Japan's recession

Japan is the world's second-largest economy, and it shrank in the third quarter for its second drop in a row. But Scott Tong reports the official Japanese recession wasn't directly a result of subprime.

College exec pay at a noticeable high

A report out today shows college presidents are making more money than ever. Combine that with pay from a few on-the-side jobs on corporate boards and you're looking at some high figures. Renita Jablonski reports.
Posted In: Education, Jobs

Why not tax gas while it's cheaper?

The good old days of $2 a gallon gas have returned. Why not tack on a tax to help run a fuel-efficient economy down the road? Fortune Magazine's Allan Sloan explains to Scott Jagow why this is a good idea.
Posted In: Oil

Senate considers bailout oversight

The Senate is meeting today on the nomination of Neil Barofsky, who would oversee $700 billion rescue package. Some feel Barofsky's presence could help remind executives where taxpayer's money should go. Steve Henn reports.

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