Marketplace Morning Report for Monday, November 7, 2011
Nov 7, 2011

Marketplace Morning Report for Monday, November 7, 2011

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The ANSA news agency is quoting Premier Silvio Berlusconi as rejecting speculation that he will resign, telling aides that any such rumors are "without foundation." Barnes and Noble is making what it's calling a very special announcement this morning. Analysts expect the company will launch a new version of its Nook e-reader to compete with the Kindle Fire -- and, of course, the iPad. You know what's up? Warren Buffett's appetite for investment. His company Berkshire Hathaway invested $24 billion last quarter as markets wobbled. That was the most in at least 15 years.

Segments From this episode

Mid-day Extra: Greece's uneven Porsche proportion

Nov 7, 2011
In an era of large government debt and economic crisis, a recent study shows that there are more Porsche Cayennes in Greece than there are people filing taxes on incomes over 50,000 euro.

Should the U.S. have a referendum?

Nov 7, 2011
The Greek prime minister tried to put the eurozone bailout up to vote with the Greek people. Should the U.S. try that method to solve its own problems?

The bookstore in the digital age

Nov 7, 2011
The owner of the Strand Book Store in New York talks about how brick-and-mortar bookstores are surviving against e-readers.

Will Berlusconi follow in Papandreou's footsteps?

Nov 7, 2011
Over the weekend, it was announced that George Papandreou would step down as Greek prime minister. Italy, and its leader Silvio Berlusconi, could be next.

For Facebook and Zuckerberg, location matters

Nov 7, 2011
Facebook has been able to grow over the last few years into a Silicon Valley leader. But Mark Zuckerberg recently said the competition there is fierce, and part of him wishes he had stayed in Boston.

Auto, computer industries feel impact of Thailand floods

Nov 7, 2011
The floods in Thailand have not ended yet, and already computer makers are worried about a lack of parts for the upcoming Christmas season.

The cost of borrowing in Italy skyrockets

Nov 7, 2011
The Italian government must now pay an interest rate of 6.5 percent, dangerously close to a level that experts say could ruin the country's finances.

In tough times, Warren Buffett keeps investing big

Nov 7, 2011
While the global economy is still in a rough spot, Warren Buffet poured almost $24 billion into investments last quarter, the most in at least 15 years.

Temporary government prepares to take hold in Greece

Nov 7, 2011
The prime minister of Greece could step down as early as today, and the opposition party is ready to take on the country's financial issues.

Julia Coronado: 'We risk losing the potential of a generation'

Nov 7, 2011
Julia Coronado, chief economist with BNP Paribas, talks to us about the crisis in Europe, what political changes could be coming in the U.S., and the problem that more of us should be worried about.

President Obama to unveil plan for unemployed veterans

Nov 7, 2011
The unemployment rate among veterans back from Iraq and Afghanistan got worse last month, despite the overall jobs market improving slightly.

What is a bond yield?

Nov 7, 2011
News today showed that Italy might be the next European country to suffer, in part because its government bond yields rose to 6.5 percent. But what exactly does that mean?

The ANSA news agency is quoting Premier Silvio Berlusconi as rejecting speculation that he will resign, telling aides that any such rumors are "without foundation." Barnes and Noble is making what it's calling a very special announcement this morning. Analysts expect the company will launch a new version of its Nook e-reader to compete with the Kindle Fire — and, of course, the iPad. You know what's up? Warren Buffett's appetite for investment. His company Berkshire Hathaway invested $24 billion last quarter as markets wobbled. That was the most in at least 15 years.