04/21/11
Marketplace Morning Report for Thursday, April 21, 2011
Episode Description:
Marketplace Morning Report for Thursday, April 21, 2011
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High fuel costs hit airline earnings
Mary Schlangenstein, airline reporter for Bloomberg, explains this quarter's airline industry earnings.
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Strong corporate earnings from tech, fast foods
Adolfo Laurenti, deputy chief economist at Mesirow Financial, explains the strong earnings from the technology sector and fast food business, and why the airline industry is lagging behind.
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Putin pledges $52 bil. to boost births
The Russian Prime Minister Vladimir Putin has promised to increase Russia's flagging birthrate by 30 percent, as Peter Van Dyk explains.
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Fiat to pay $1.3 bil. to up stake in Chrysler
Italian automaker Fiat announced today it will pay $1.3 billion to for an additional 16 percent stake in U.S. automaker Chrysler. Fiat hopes to own a majority of the company by the end of the year.
1
With high-profile case, SEC hopes to deter insider trading
The trial of Raj Rajaratnam could discourage future insider trading, but some say the effects would be short-lived.
3
Shrimpers try to catch customers through online market
Louisiana shrimp season just got underway. The BP spill made it harder to sell seafood from the Gulf of Mexico, but new online marketing and sales could help fishermen lure customers.
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NBA team looks to cater to big business
The Sacramento Kings aren't turning a profit, and its owners are looking towards moving the team south to appeal to a bigger Fortune 500 market.
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MLB takes over Los Angeles Dodgers
Major League Baseball has moved to seize control of the Dodgers from owner Frank McCourt -- a rare move that could have a high price.
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Why the housing market hasn't recovered
While the rest of the economy seems to slowly be getting back on its feet, the housing market is still stuck in a slump. Home prices continue to decline.
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