Marketplace Morning Report for Monday, October 31, 2011
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Japan's central bank said today if it's going to help Europe with its debt problem, Europe first has to help itself. The rescue package Europe put together last week is relying on foreign help -- a lot of it Japan and China. There are still millions without power in the Northeast this morning, after that Octsnowber storm that hit over the weekend. Passengers on a JetBlue plane were stranded on a tarmac in Hartford, Conn. for 7 hours. Many flights to New York's airports were diverted to Hartford, overwhelming the airport's infrastructure. The troubled securities firm MF Global is reportedly in a desperate hunt for a buyer this morning. The company, which is run by former New Jersey Senator and Governor Jon Corzine, saw its stock price and credit rating collapse last week, thanks to heavy bets on European debt.
Posted In: China
Europe is depending on big help from China in its big bailout fund plan. China depends on Europe to buy its exports, but is that enough incentive to agree to the deal?
Some are finding business and money-making opportunities in usually D.I.Y. Halloween festivities.
Posted In: Retail, Halloween, costumes
What were the most popular Halloween costumes this year around the U.S.?
The government in Thailand says the worst of the flooding is probably over for central Bangkok. But the damage will be far reaching.
According to the United Nations, the global population hit seven billion today. That is a good thing for some countries, and not such a good thing for others.
Posted In: Economy
The first U.S. casualty of the European debt crisis might be emerging, as questions remain about many details of the grand plan.