Marketplace Morning Report for Thursday, July 29, 2010

Episode Description: 
Marketplace Morning Report for Thursday, July 29, 2010

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Bernanke, Geithner meet on consumer protection

Fed chair Ben Bernanke and Treasury Secretary Timothy Geithner are meeting to discuss the new Consumer Financial Protection Bureau.
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Oil is up and will continue to go up

Economics editor Chris Farrell predicts an increase of up to $100 per barrel of oil -- and explains why that's not good.
Posted In: Oil
1

Convention hackers told to keep it conventional

Attendees of this week's Black Hat and DefCon hacker conventions are being told to hush up.
Posted In: Internet
1

Obscure immigration program encourages foreign investors

One Cleveland entrepreneur is using a little-known U.S. immigration program to encourage local development.
Posted In: Entrepreneurship, Immigration
2

Report: Pollution way up in Chinese cities

The downside to China's rapid growth of the past few years: a rise in air pollution. A Chinese government report shows over 100 Chinese cities had the worst pollution levels in five years.
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On $4.5B profit, Shell won't cut back on deepwater drilling

Posting a $4.5 billion profit and taking its place as the largest oil firm in Europe, Shell doesn't plan to stop plans for deepwater drilling. It just won't be as easy a process now.
Posted In: Oil
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Federal panel will decide where to hear BP cases

A panel of federal judges in Boise, Idaho will decide where to try 250 BP lawsuits filed in 12 different states. And wherever that is could see a sizable economic boost.
Posted In: Oil
1

Home foreclosures up in first half of the year

In RealtyTrac's mid-year report, the real estate data company says the U.S. housing market is in for a long, painful recovery.
Posted In: Housing

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