Marketplace Morning Report for Thursday, July 9, 2009

Episode Description 
Marketplace Morning Report for Thursday, July 9, 2009

U.K. paper accused of invading privacy

British police have launched an inquiry into one of Rupert Murdoch's newspapers. Reporters there are being accused of hacking into people's cell phones to get scoops. Stephen Beard reports.
Posted In: Crime

Situation improving for jobless claims

Retail sales for the month of June are out, and they're not looking so good. But indicators do show that the pace of layoffs is slowing. Stacey Vanek-Smith gets more market analysis from Diane Swonk of Mesirow Financial.
Posted In: Jobs, Wall Street

How to find a cyber culprit

Bill Radke talks to professor Peter Sommer, cyber terrorism expert at the London School of Economics and Political Science, about how difficult it is to assess who's behind the South Korean Web site attacks.
Posted In: Internet

Banks to California: No more IOUs

California has issued about $3 billion worth of IOUs this month. But starting tomorrow, many financial institutions, like JP Morgan Chase and Bank of America, say they're going to stop accepting them. Dan Grech reports.

How oil speculators make a profit

Oil is down from last week, but still a lot higher than it's been in recent months. That jump in price has had a lot to do with speculators. Bob Moon examines the role speculators plays in influencing oil prices.
Posted In: Oil

Some company perks are worth keeping

Employers are increasingly scaling back company perks in order to save on costs. But some experts say this can damage employee loyalty. Alex Cohen reports why it's a smart move to keep some benefits.
Posted In: Jobs

Where G8 varies on climate change

Many G8 leaders have signed on for dramatic cuts in greenhouse gas emissions, but not everyone is on board. Bill Radke talks to Mark Kenber of The Climate Group, who released a report on steps industrialized nations can take to reach short-term energy goals.

U.S., South Korea hunt cyber attackers

Officials are trying to find the source of a new wave of cyber attacks on Web sites in the U.S. and South Korea. There's speculation that North Korea is behind the attacks, but sourcing a cyber offensive can be tricky. Dan Grech reports.
Posted In: Internet, Washington

Why do we need more stimulus?

Earlier this week, we heard more government stimulus may be on the way. Stacey Vanek-Smith talks to economics correspondent Chris Farrell, who explores critics' concerns over another stimulus plan.

Equatorial Guinea not seeing oil money

Equatorial Guinea's GDP has increased more than 5,000 percent since it discovered huge offshore oil reserves in the early 1990's. But Human Rights Watch says the country's half a million people haven't seen that wealth. Gretchen Wilson reports.

Shriners hospitals struggle to stay open

Shriners Hospitals for Children are struggling to stay open due to falling membership and tapped funds. Today, the group will decide whether to close some of its facilities. Alisa Roth reports.
Posted In: Health

Music from this show

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North American Scum
LCD Soundsystem
Earth Star
The Sea and Cake
Eliot Lipp
I'm Not Gonna Teach Your Boyfriend How To Dance With You (Album Version)
Black Kids