Marketplace Morning Report for Thursday, June 5, 2008

Episode Description 
Marketplace Morning Report for Thursday, June 5, 2008

Bear Stearns set to announce spin-off

On the heels of the buyout of Bear Stearns by JP Morgan, Bear's private equity firm is expected to announce a spin-off into a separate company. Nancy Marshall Genzer reports JP Morgan will be the new company's biggest investor.
Posted In: Investing

Rope to the beat of your own drummer

Tim Haft invented a unique approach to working out with an aerobics class in New York City. Now he's trying to figure out how to rope more people in. Brigid Bergin has more on punk roping.
Posted In: Entrepreneurship, Health

Verizon, Vodaphone bid for takeover

Verizon Wireless and its British partner, Vodafone, are bidding to become the number one cell phone operator in the U.S. Talks are underway to take over Alltel for nearly $30 billion. Stephen Beard has more.
Posted In: Retail

Economy eating into restaurant profits

The sluggish economy is having a noticeable effect on mid-range restaurant chains like Bennigans. Ashley Milne-Tyte reports many restaurants need to renegotiate their debt in order to stay in business.

Keeping growing economies green

A House panel begins debate today over how to spend $2 billion requested for an International Clean Technology Fund. Jeremy Hobson reports the fund aims to reduce the green house gas emissions of developing countries.

Where on Earth is the Stanley Cup?

As part of a long hockey tradition, each member of the team that wins the Stanley Cup holds onto the iconic award for a day. Scott Jagow talks to Cup keeper Phil Pritchard about where the object has traveled.
Posted In: Sports

Higher net price for downloaders?

Time Warner Cable is testing out a new price structure for high-speed Internet access in a small town in Texas where the more you download, the more you pay. Janet Babin reports some consumer watchdogs find the model unfair.
Posted In: Science

Federal highway funds in trouble

Despite continuing infrastructure problems, the government is having trouble funding highway repairs. Steve Henn explains how the rise in gas prices is directly affecting highway improvement projects.

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