Marketplace Morning Report for Thursday, December 13, 2012

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Unions in Michigan are facing a new reality. They'll have to convince their members to keep paying dues after Republicans passed a law that makes Michigan a right-to-work state. What does the state's governor, Rick Snyder, think about the new law? The Federal Reserve has spelled out what it's going to do next to try and juice the economy. And it's all about the ends rather than the means. And the Obama Administration is asking Congress to approve about $60 billion in federal aid for recovery from Hurricane Sandy -- hundreds of millions of dollars of which would go to Amtrak.

PODCAST: 'One bank to rule them all' and the Pope tweets

The first real look at holiday retail sales. In Europe today: 'One bank to rule them all' -- a big step closer to a banking union. Google Maps is back for iPhone -- could this actually be good for Apple? And speaking of Apple, what happens when you give an iPad to the Pope?

To some, Google Maps app is a win for Apple

The new Google Maps app, released late yesterday for iPhone, may not be so unwelcome.
Posted In: apple, Google, iPhone5, google maps

Optimism at the mall: Retail sales up

Despite some worries about consumer demand this holiday season, U.S. retail sales rose 0.3% in November.
Posted In: Retail, Federal Reserve

How Americans feel about marijuana, unions post-election

Michigan workers protested Governor Rick Snyder's decision to pass the right-to-work bills into law yesterday. They say the laws weaken unions.
Posted In: elections, marijuana, unions

How do Americans feel about 'right-to-work'?

The news of Michigan's 'right-to-work' law has reignited the debate about the role of unions in our country today, so how is the issue playing with the American public?
Posted In: unions, Michigan, right to work, Rick Snyder

European leaders agree ECB should supervise big banks

European finance ministers struck a major new deal over their debt crisis. They agreed that the European Central Bank -- Europe’s equivalent of the Fed -- should take over the supervision of the continent’s biggest banks.
Posted In: Europe debt crisis, ECB, Banks

Leader of China plans economic reforms

China’s new leader Xi Jinping has only been in office a month, but he’s already turning heads.
Posted In: China

Michigan Gov. Rick Snyder on 'right-to-work'

Unions in Michigan are facing a new reality. They'll have to convince their members to keep paying dues after Republicans passed a law that makes Michigan a right-to-work state. Governor Rick Snyder put his signature on the law.
Posted In: Michigan, right to work, Rick Snyder

Amtrak asks for subsidies in wake of Hurricane Sandy

On Capitol Hill today, fiscal conservatives are likely to argue against the hundreds of millions of dollars in subsidies that go to Amtrak each year. But Hurricane Sandy showed you need to spend if you want to save.
Posted In: Amtrak, Hurricane Sandy

Fed announces new plan for ailing economy

The Federal Reserve has spelled out what it’s going to do to try to juice up the economy. Yesterday, Fed Chairman Ben Bernanke announced a new strategy that ties the Fed’s actions to unemployment and inflation rates.
Posted In: Federal Reserve, Ben Bernanke, Unemployment

The bigger influence on retail: Black Friday, or Sandy?

Hurricane Sandy sparked spending in the Northeast, but Black Friday is national and so has more impact on retail sales.
Posted In: Retail, Hurricane Sandy, Black Friday

Music from this show

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Soft
Washed Out
Gold For The Price Of Silver (Erot Vs Kings Of Convenience Version)
Kings Of Convenience
Wise Dread (Instrumental)
DJ Drez
I Wanna Be Your Lover
Prince

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