01/13/11
Marketplace Morning Report for Thursday, January 13, 2011
Episode Description:
Marketplace Morning Report for Thursday, January 13, 2011
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Mattel and MGA continue legal battle over Bratz
Mattel won ownership over California company MGA of the Bratz dolls in 2008, but an appeals court reversed that ruling last year. Now they're fighting over whether one stole trade secrets. In the meantime, Bratz are losing their popularity. Jennifer Collins reports.
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The companies to watch closely in 2011
Which companies should you be watching to get a good take on the American economic recovery in 2011? Marketplace economics correspondent Chris Farrell gives his top three picks.
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Small businesses expand to overseas markets
President Obama wants to double U.S. exports over the next five years, and one key to that is the U.S. Export-Import Bank. The agency is now focusing on small business, getting owners involved in overseas markets. Eve Troeh reports.
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Continued troubles for housing market
RealtyTrac's report today on housing revealed ongoing troubles concerning the housing market. Mitchell Hartman reports more on the details.
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Increasing numbers of banks are also walking away from foreclosures
The number of homes seized by banks topped 1 million last year. And while the number of foreclosures keeps rising, new report from a housing advocacy group Woodstock says there's also an increasing number of lenders walking away from foreclosures.
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Congressional Oversight Panel says government sold GM stock too soon
Back in November, the Treasury Department sold almost half of its shares in General Motors for about $33 apiece. Today, shares of GM are going for $38. Senator Ted Kaufman explains.
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China denies involvement in Renault scandal
Three executives were suspended by the French car maker Renault last week on suspicion of leaking information about its multi-billion dollar electric car program.
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The World Bank releases its predictions for 2011
The World Bank released a new report, saying unemployment will stay high, and rising food prices could be a major problem. Stephen Beard explains.
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Demand of agricultural commodities rises, report predicts small harvests
The price of agricultural commodities is on the rise. As improving economies buy more product, suppliers struggle to keep up with demand. Since last summer, contracts for future deliveries of wheat and corn have almost doubled. John Dimsdale reports.
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Diane Swonk: Increases in wholesale prices and the affect on the global economy
Jeremy Hobson speaks to Diane Swonk, chief economist at Mesirow Financial about the news from the government that producer prices rose more than expected in December.
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PREVIEW: Lot 354
Marketplace worked with Los Angeles public TV station KCET and its show, SoCal Connected, to tell the story of a single home, and that home's place in the American economy. Kai Ryssdal gives us a sneak peek inside "Lot 354."
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