Marketplace Morning Report for Thursday, August 26, 2010

Episode Description 
Marketplace Morning Report for Thursday, August 26, 2010

BP halts plans to drill off Greenland

BP has pulled out of a controversial plan to drill for oil off the coast of Greenland. Why?
Posted In: Oil

Producers ignore low natural gas prices

Prices for natural gas are down 18% this month. That's good for buyers, consumers and power plants, but not so much for producers. Scott Tong reports.
Posted In: Oil

Wal-Mart turns to high court for lawsuit

The world's biggest retailer is asking the Supreme Court to weigh in on a massive sex-discrimination lawsuit against the company. Wal-Mart says the class action case could include more than a million women and should be stopped. Amy Scott reports.
Posted In: Crime

Toll Bros. goes after distressed assets

Toll Brothers, the nation's largest builder of luxury homes, reported its first quarterly profit in three years. Analysts chalked it up mostly to lower write-downs. Joel Rose reports the company is looking for more growth by launching a new subsidiary to buy distressed assets.
Posted In: Housing

Why are Dell, HP bidding for 3PAR?

Dell and Hewlett-Packard put in big bids for 3PAR, a data storage company. 3PAR's board is said to have accepted an offer from Dell. But are the world's two largest PC companies in a race to acquire a company or playing a billion-dollar game of chicken? Gregory Warner reports.
Posted In: Mergers and Acquisitions

Germans to bosses: Get off Facebook!

Several high-profile companies in Germany were recently caught using digital technology to keep tabs on workers. Germans were spooked by that, and have pushed for a new law that would stop your employer from checking out your Facebook page.
Posted In: Internet

Good news amid the weak economy

The U.S. will soon publish its revised estimate for the country's economic growth rate and the expectation is slippage. But economics correspondent Chris Farrell says there is good news that's being ignored, and talks with Bob Moon about why he's somewhat optimistic.
Posted In: Economy

Calif. moves on health insurance market

California has passed legislation to set up a new market for health insurance. The online exchange could be a model for other states as they implement the health care overhaul passed earlier this year. Reporter Amy Scott talks the details with Steve Chiotakis.
Posted In: Health

Music from this show

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School of Seven Bells
Yes But No
May Day
Breath Control
Motor City Drum Ensemble
Cheeseburger in Paradise
Pickin' On Series

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