08/04/11
Marketplace Morning Report for Thursday, August 4, 2011
Episode Description:
Marketplace Morning Report for Thursday, August 4, 2011
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GM: Finally turning a corner?
General Motors today reported its profit nearly doubled in the 2nd quarter thanks to higher prices on its cars and trucks. Analysts believe GM
may have made a permanent turn from its unprofitable days of the past.
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Grounding the FAA brings surprising economic ripples
A team of engineers from the Federal Aviation Administration is in Washington today, lobbying Congress to come to an agreement on an FAA budget
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Finding the actual tipping point to create jobs
Initial claims for unemployment insurance declined in the last week of July, the U.S. Labor Department said. Economists like Mesirow Financial's Diane Swonk say this puts the onus on central banks to juice the economy.
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Do U.S. workers want call center jobs?
Jobs For America, a call center collation, said today it's hoping to create up to 100,000 jobs in the next two years in the call center industry -- jobs coming back from being outsourced to places like India and the Philippines.
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Hackers say Wall Street traders are vulnerable
The annual Black Hat hacker convention is underway in Las Vegas. On the schedule: a lecture outlining how easy it would be to hack high-frequency trading operations on Wall Street.
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Kraft Foods to carve itself in two
In a push to increase profits, one company will spotlight snacks while the other will focus on the sit-down meal market
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French wind farm faces opposition from D-Day veterans
A massive wind farm off the coast of France is facing opposition by groups trying to preserve the historical D-Day invasion site
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Hitachi and Mitsubishi sitting in a tree...
Shares of Japanese companies Hitachi and Mitsubishi Heavy Industries surged today after reports surfaced that the two companies were planning to merge. The union would create one of the world's largest companies.
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What's a central bank?
As the global economy slows, and government's are reducing their own spending, investors are increasingly looking at monetary policy as the way to stimulate the market
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Japan's moves on Yen could help the global economy
With slowing growth of exports, there is real concern that the Japanese economy could slip back into recession.
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The Gap takes marketing on the road
The clothing retailer tries to re-brand itself by getting into the taco truck business. Will it convince young shoppers that its new line of jeans is gritty and hip?
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'Brand resilience' in the social media age
Author Jonathan Copulsky explains how companies can manage their image in the era of Twitter, Facebook and YouTube
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