Marketplace Morning Report for Monday, November 19, 2012

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Episode Description 
Chances are holiday catalogs have already been piling up at your house -- wasn't online shopping supposed to put an end to all the paper? Up to now, the government of Myanmar, also known as Burma, has held a cozy economic relationship with China, but President Obama's visit signals the country is looking to diversify its portfolio. Chobani founder and CEO Hamdi Ulukaya shares his thoughts on the yogurt company's success, plans for the future, and what Chobani has meant for South Edmeston, New York.
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PODCAST: Obama in Myanmar, a chat with Chobani Greek Yogurt CEO

President Obama is on a visit through Asia. Will his visit open up Southeast Asia economies? Congress is considering changes in the $80 Billion food stamp program, known as SNAP. Chobani founder and CEO Hamdi Ulukaya shares his views on the yogurt company's success. And the Long Island Power Authority is facing criticism for the way it responded to superstorm Sandy.
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Report: Average credit card debt rises

Credit report company TransUnion is reporting the average credit card debt per borrower grew five percent in the latest quarter and average debt is now almost $5,000.
Posted In: credit card debt
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Is Mexican company Bimbo eyeing Hostess?

Attention Twinkies lovers! All is not lost. Parent company Hostess begins its liquidation process, and one rumored buyer is a global bakery conglomerate from Mexico.
Posted In: Hostess, Twinkies, bimbo
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In face of debt crisis, EU asks for budget increase

While most EU governments have been forced to freeze or cut their spending drastically, the European Commission is asking for a six percent budget increase.
Posted In: UK, European Commission
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Long Island Power slammed for slow Sandy response

Three weeks after Hurricane Sandy power has been restored for most people affected by the storm. But the embattled LIPA is still dealing with a wave of criticism over its performance.
Posted In: Hurricane Sandy, power grid, utilities
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Could BP be on the takeover block?

The company has started buying its stock to boost its share price and rumors are buzzing the stock purchase is a defensive move to stave off a buyout from a competing firm.
Posted In: BP, Oil
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Will Obama visit open up Southeast Asia economies?

The focus of President Obama's visit to the region has been geopolitical but what about the economic gains to be made?
Posted In: Myanmar, Barack Obama
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Food stamps holding up farm bill

Congress is considering changes in the $80 Billion food stamp program, known as SNAP.
Posted In: food stamps, SNAP, hunger
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Catalogs still piling it on

Wasn't online shopping supposed to put an end to all this paper?
Posted In: holiday shopping, Retail, e-commerce
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President's visit to Myanmar poses challenge for China

Up to now, the government of Myanmar, also known as Burma, has held a cozy economic relationship with China, but President Obama's visit signals the country is looking to diversify its portfolio.
Posted In: Myanmar, Barack Obama, China
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Chobani's overnight billionaire

Chobani founder and CEO Hamdi Ulukaya shares his views on the yogurt company's success, plans for the future, and what Chobani has meant for the region around South Edmeston, New York.
Posted In: yogurt, Food
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Displaced NYC marathoners run in Philadelphia

New York officials decided to scrap the New York Marathon in the wake of Hurricane Sandy. The cancellation may be an economic boon for another marathon just down the road.
Posted In: Hurricane Sandy

Music from this show

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Perdido
Duke Ellington & His Orchestra
Myriad Harbour
The New Pornographers
Import-Export
Messer Chups feat. Lydia Kavina
Neu Chicago
Clive Tanaka Y Su Orquesta

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