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Marketplace Morning Report for Thursday, February 17, 2011

Episode Description 
Marketplace Morning Report for Thursday, February 17, 2011

How everyday Americans would tackle the budget deficit

About 800 Americans across the country were asked their opinions on how to solve the U.S. budget deficit. The results did make a substantial dent in the debt.

Port of Miami looks for funds beyond federal budget

The Port of Miami is undergoing construction to accommodate bigger ships. But having lost out on funding from President Obama's budget, port officials are now scrambling to find money elsewhere.
Posted In: Economy

Fraudulent labor recruiters dupe Mexican migrants

It's estimated that poor Mexican workers have invested more than $2 million in U.S. jobs that don't exist.
Posted In: Immigration, Jobs, Mexico

Senate to query regulators on financial reform

Six months after the Dodd-Frank law passed, the Senate Banking Committee questions regulators about their progress in fixing the financial system.
Posted In: Banks

Fitch announces change to state pension analysis

Fitch Ratings today announced changes to the way it analyzes U.S. state and city pension bills. In a report, Fitch warns the new approach could have some consequences. Dick Larkin, director of credit analysis at Herbert J. Sims & Co., explains.

U.S. pressures Bahrain to control protests

Violent protests continue today in Bahrain as the U.S. encourages the government to control the protests. The BBC's Katey Watson reports from Dubai about America's interest in controlling the turmoil in Bahrain.
Posted In: Oil

Obama to meet top Silicon Valley tech executives

President Barack Obama will fly to California today to meet with three of America's most notable tech CEOs -- Apple's Steve Jobs, Facebook's Mark Zuckerberg, and Google's Eric Schmidt -- presumably to discuss job growth. Steve Henn has more.
Posted In: Jobs

Price tag for Qantas A380 engine problems: $80 million

Australian airline Qantas was forced to ground its Airbus A380 super jumbo fleet after one of its plane's Rolls-Royce engines exploded in midair over Singapore last year. That accident cost Quantas an estimated $80 million -- and didn't help Rolls-Royce or Airbus, either. Christopher Werth explains.
Posted In: Airlines

IMF says embattled Kabul Bank should be taken over

The International Monetary Fund has recommended that Afghanistan's largest bank, Kabul Bank, be placed in receivership and sold off. The IMF hopes this move will stabilize the country's corrupt financial system.
Posted In: Banks

FDA approves wider Lap-Band use for less obese

The Food and Drug Administration will allow cosmetic drug and device maker Allergan Inc. to market its stomach-restricting Lap-Band to millions of new patients -- patients who are less obese than those currently using the device. Eve Troeh has more.
Posted In: Health, Science

Diane Swonk: Senate banking panel hearing on Dodd-Frank

The Senate's banking commission is asking regulators today how the implementation of the new Dodd-Frank financial reform law is going. Diane Swonk, chief economist with Mesirow Financial, explains what's at stake in these hearings.

Music from this show

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Funk Infected (Instrumental)
DJ Drez
(manifest)
The Weakerthans
Hawaii Calls
Duke Kamoku And His Islanders