Sep 3, 2008

Marketplace Morning Report for Sept. 3, 2008

Segments From this episode

Renewed trust in Freddie and Fannie

by John Dimsdale

Sep 3, 2008

The government's implicit backing of Freddie Mac and Fannie Mae has apparently convinced investors that the two mortgage giants are a safe bet. John Dimsdale finds out why.

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Economic health report due

by Marketplace Staff

Sep 3, 2008

The government today will release its monthly report on factory orders for non-durable goods -- things like clothing, food and gas. Nancy Marshall Genzer reports on what the numbers are expected to show.

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Commentary

Convention roles of corporate reps

by Marketplace Staff

Sep 3, 2008

Corporate representatives who attend the convention come in two flavors, says commentator Robert Reich. He also discovered that sometimes reps from the same company play contradictory roles.

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Coke to buy Chinese juice maker

by Marketplace Staff

Sep 3, 2008

The Coca-Cola company announced its intention to buy Chinese juice maker Huiyuan, a purchase that would expand Coca-Cola's operations in the huge Chinese market. Host Bob Moon talks with Scott Tong in Shanghai.

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Retailers ready for evacuees' return

by Mitchell Hartman

Sep 3, 2008

Big grocery store chains, like Albertsons, had been stocking up for weeks to prepare for the return of evacuees from hurricane Gustav. Mitchell Hartman has the story.

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Schools struggle with lunch budgets

by Steve Henn

Sep 3, 2008

The economy is taking a bite out of school lunches. School districts are getting fewer tax dollars and want lunch programs to support themselves. Steve Henn reports on the choices they face.

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California bill fights sprawl and traffic

by Rachel Dornhelm

Sep 3, 2008

California's anti-sprawl bill encourages development near businesses and workplaces to cut down on driving and reduce emissions. Rachel Dornhelm explains how the policy will work.

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Layoffs could reach 1 million this year

by Steve Henn

Sep 3, 2008

August layoffs were down 14 percent from July, but it's not all good news on the job loss front. This was the worst summer of layoffs since 2002. Steve Henn learns that an even grimmer picture could be yet to come.

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American dollar is up against euro

by Marketplace Staff

Sep 3, 2008

The European economy continues to slump. One U.K. minister said it's the worst it's been in 60 years. The bad news overseas, however, helped boost the dollar against the euro. Brett Neely reports.