Marketplace Morning Report for Monday, October 4, 2010

Episode Description 
Marketplace Morning Report for Monday, October 4, 2010

A look at the Fed's big decision

This week we get the employment report for September. Economist Julia Coronado at BNP Paribas talks with Bill Radke about what the risks are of the Federal Reserve overreacting or under-reacting to the data.

Iraq reports an increase in oil reserves

Iraq has announced a 25% increase in oil reserves. That would mean its oil reserves are second only to Saudi Arabia. But will even bigger reserves entice more foreign investment in Iraqi oil fields? Nancy Marshall Genzer reports.
Posted In: Oil

Verizon to pay for 'mystery' data fees

Verizon announced that it owes millions of customers a refund for mystery data charges on their bills. Reporter Eve Troeh talks with Bill Radke about what happened and how much money Verizon will pay.
Posted In: Crime

Travel warning: The impact on tourism

Japan has followed the U.S. and Britain in issuing a European travel alert after warnings of possible terrorist attacks. Europe correspondent Stephen Beard talks with Steve Chiotakis about the impact this might have on European tourism.
Posted In: Travel

Electric cars zoom ahead at Paris show

The Paris Auto Show opened recently, and industry experts say it's the first time since 2008 that a big auto show actually felt upbeat. Reporter Eve Troeh talks with Bill Radke about why everyone's excited in Paris. Plus view a slideshow of some of the cars presented.
Posted In: Auto

Lessons from the market's last 3 years

Three years ago the stock market hit an all-time high. On October 3, 2007, the Dow closed at 14,164. Fortune Magazine's Allan Sloan talks with Steve Chiotakis about the lessons to be learned from expecting too much out of the stock market.
Posted In: Investing, Wall Street

U.K. scraps child benefit for big earners

The British government has announced it will scrap a welfare benefit paid to families with kids. Stephen Beard reports.

Is it wise for China to buy Europe debt?

Chinese Premier Wen Jiabao is on a week-long tour of Europe. His first stop was Greece, where the premier promised China would continue to buy Greek bonds -- a morale booster for a country suffering under a mountain of debt. China bureau chief Rob Schmitz talks the details with Steve Chiotakis.

Reinventing Lincoln a hard sell for Ford

More than a thousand Lincoln dealers have been summoned to Ford's headquarters to hear the automaker's plan for reviving the luxury brand. Ford has sold off its other upscale lines and is shutting down Mercury, so its last challenge in a sweeping turnaround is reinventing Lincoln. Alisa Roth reports.
Posted In: Auto

Businesses react to health care reform

A report says manufacturer 3M will stop offering a group health insurance plan to young retirees while McDonald's has talked about dropping worker coverage. Stacey Vanek-Smith reports on how businesses are reacting to health care changes.
Posted In: Health

Music from this show

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The Book of Secrets
This Must Be The Place (Naive Melody) (Remastered Version)
Talking Heads
Spanish Armada
Broken Levee Blues
DJ Shadow
Fast As You Can (Album Version)
Fiona Apple

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