07/16/09
Marketplace Morning Report for Thursday, July 16, 2009
Episode Description:
Marketplace Morning Report for Thursday, July 16, 2009
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Paulson may need an image overhaul
Former Treasury Secretary Henry Paulson is on Capitol Hill this morning defending some of the actions he took early on in the economic crisis. Stacey Vanek-Smith talks all things Paulson with Ken Wheaton of Advertising Age.
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Chicago adjusts to the 'Willis Tower'
It's been called the Sears Tower since 1973, even though Sears moved out more than a decade ago. How do Chicagoans feel about the name change? Stacey Vanek-Smith asks Tanya Santiago, a waitress at the White Palace Grill about six blocks away.
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Highlights from today's earnings
JP Morgan Chase announced its first increase in two years, while Harley Davidson's profits were down a staggering 91 percent. Mitchell Hartman explores these and other facets of today's earning report.
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A look at falling jobless claims
First time jobless claims fell unexpectedly last week. Analysts were expecting a slight rise in new unemployment claims. Steve Chiotakis talks to Bill Stone from PNC Wealth Management in Philadelphia.
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Why reopen car dealerships now?
Three separate bills in Congress are focused on reopening GM and Chrysler dealerships shut down by the companies' recent bankruptcies. Alisa Roth talks to auto industry specialists to try to figure out why.
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More people drawn to government work
A job fair in D.C. today is attracting legions of prospective employees, and not just because of the poor job market. John Dimsdale explores changing views of the federal government and why people are becoming more interested.
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Iceland warms up to idea to join E.U.
Iceland's parliament will decide today whether to apply to join the E.U. The fiercely independent country resisted E.U. membership for years, but the economic meltdown is coercing Icelanders to change their tune. Stephen Beard reports.
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Two sides in China's recovery debate
In this corner, an investor who sees benefits to China's $600 billion stimulus. In the other corner: a finance professor warning of the pitfalls of loose credit in the plan. Scott Tong further explores these sides of China's recovery debate.
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CIT needs debt-holders to pay up
With the U.S. government unwilling to help CIT, the small to mid-size business lender has given its debt-holders 24 hours to come up with $2 billion in emergency financing -- or else. Mitchell Hartman explores the consequences of not paying up.
1
NJ governor battles for re-election
New Jersey Governor Jon Corzine is facing a tough battle for re-election, thanks in part to his bad financial reputation. But his Republican opponent hasn't offered much of a plan to help where Corzine is viewed as insufficient. Jeremy Hobson reports.
5
Iconic buildings get green overhauls
In addition to its name change, Chicago's Willis Tower (formerly the Sears Tower) is getting a $350 million green makeover. Adriene Hill reports on the retrofitting it and other famous buildings are undergoing.
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