Marketplace Morning Report for Thursday, June 16, 2011

Episode Description 
Marketplace Morning Report for Thursday, June 16, 2011
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Hacker group targets CIA website

The computer hacker group LulzSec may or may not have claimed credit for an attack that took the U.S. Central Intellegence Agency's website offline, as Marketplace Tech Report's John Moe explains.
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Samsonite's IPO trouble could impact Prada's pricing

Prada is expected to announce the final pricing for its initial public offering later this week in Hong Kong. But a faltering IPO in Hong Kong for Samsonite is raising questions on the wisdom of setting up shop in the city.
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Russia works to strike gas deal with China

This week, Russia is hosting the annual St. Petersburg International Economic Forum. China's President Hu Jintao is attending this year's forum in hopes of announcing a new gas deal between China and Russia.
Posted In: China, Russia
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REPORT: The world will increasingly turn to North America for oil

The International Energy Agency has raised its forecast for global oil demand over the next five years, and expects that demand for North America's oil supply will also rise.
Posted In: Oil
7

Cable companies fear more than the Internet

The growing popularity of Internet streaming has already impacted the cable industry. But now, cable executives have a new concern on the horizon: Can customers afford the "luxury" cost of cable?
Posted In: Entertainment
2

The future of retirement: Save more, work longer

As the entitlement landscape continues to change in America, Chris Farrell explains that the future of retirement is no longer mobile homes and sunny vacation spots. It's an older employment base with smaller budgets as Americans work longer and save more.
Posted In: Retirement
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Banks concerned over Greek drama

Global shares are down this morning over mounting fears that Greece won't be able to repay its debt.
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Debate over Canadian crude continues

While the U.S. government continues to debate buying controversial crude oil from Canada, the country up north already has another customer: China.
Posted In: Oil
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Small business needs more loans

The Senate is looking into how to increase the amount of money credit unions lend to small business.
Posted In: Small Business
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Diane Swonk: Lawmakers nearing the end of debt debates

Diane Swonk, chief economist with Mesirow Financial, just returned from Washington D.C. where she was meeting with the power players in the debt debate. She says the lawmakers are nearing a preliminary, 'real deal' agreement.

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