Marketplace Morning Report for Thursday, February 26, 2009

Episode Description 
Marketplace Morning Report for Thursday, February 26, 2009

GM to Washington: More money, please

The auto market's not showing signs of restarting anytime soon, and General Motors could soon run out of its $13 billion government loan. So today, GM execs return to Washington with a simple pitch. Jennifer Collins reports.
Posted In: Auto

Decoder: Marking losses in write-downs

Write-downs have been a major player in the recession's ongoing drama with banks' balance sheets. But what are they? Marketplace's Bill Radke explains in our latest Marketplace Decoder.

Gap troubles that predate recession

Gap's sales began to struggle a few years before the recession was official. Today, issues like use of retail space and a cluttered market hurt Gap and other stores like Banana Republic. Ashley Milne-Tyte reports.
Posted In: Retail

Dell job cuts fuel Ireland's recession

Dell announced it was cutting 2,000 jobs in Ireland as it transports operations to Poland to pay workers there cheaper wages. Renita Jablonski talks to Professor Frank Barry in Dublin on how this will affect the country.
Posted In: Jobs

Poor exports hurting Japanese economy

The Japanese economy is struggling in no small part due to the poor health of exports. Products like cars and flat-screen TVs are usually bought on credit, which these days is hard to come by. Scott Tong reports.
Posted In: Investing

Gas taxes don't cover road upkeep

A report finds the U.S. is only spending one-third of what's necessary to keep up its roads. The gas taxes that pay for roads and bridges now aren't as effective as cars become more fuel efficient. Sarah Gardner reports.
Posted In: Travel

Budget stashes billions 'just in case'

President Obama unveils his budget today to Congress -- a 10-year spending plan which includes $250 billion for the reeling banking system, "just in case." Dan Grech reports the current bailout doesn't cover everything.

Music from this show

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Every Morning (Remastered Version)
Sugar Ray
Living Proof
Cat Power
Jack & Diane (Album Version)
John Mellencamp
In And Out
Wes Montgomery
I Wish
Stevie Wonder

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