Marketplace Morning Report for Thursday, March 10, 2011

Episode Description 
Marketplace Morning Report for Thursday, March 10, 2011

Bids are due for Orange County Register owner

In the digital age, are newspapers companies still worth buying? California's Freedom Communications is on the block and about to find out.
Posted In: Mergers and Acquisitions

McCain, Kerry back online privacy bill

The two senators are circulating an Internet privacy bill that would create an "online privacy bill of rights." Julia Angwin, tech reporter from the Wall Street Journal, explains.

PIMCO sells off all its U.S. debt

The world's largest bond fund has sold off all its U.S. treasury bonds. Analysts say that despite the sale, PIMCO founder Bill Gross is still optimistic.
Posted In: The Federal Reserve

Wisconsin limits union rights

The state senate passed a measure Wednesday restricting union bargaining rights, ending the stand-off that shut down the state legislature.

FDA approves first new lupus drug in 50 years

The drug will treat only a small number of people, but is still expected to reach blockbuster status, with $2 billion in annual sales.
Posted In: Health, Science

Emerging economies gain on Forbes billionaire list

Forbes has released its 2011 list of world billionaires. Mexican telecom tycoon Carlos Slim tops the list for the second year in a row, but for the first time, the Asia-Pacific region had more billionaires than Europe.
Posted In: China

China reports $7.3 billion trade deficit

China's trade deficit hit $7.3 billion in February -- the largest in seven years. Analysts blame the gap on mass celebrations of the Lunar New Year.
Posted In: China

Eurozone debt crisis intensifies

Ratings agency Moody's cut Spain's credit rating today after Greece was downgraded several notches on Monday. Ratings downgrades in Europe could have big consequences in the United States.

Building economies around air travel

Greg Lindsey, author of "Aerotropolis," talks about the significance of air travel in the future of the global economy.
Posted In: Airlines, Travel

How high-speed rail could help the U.S.'s aging infrastructure

High-speed rail and other infrastructure projects could help the economies of various regions in the country.
Posted In: Transportation

Bad vs. good bulbs on the Hill

The BULB Act comes to Congress today to try to stop the outlawing of wasteful light bulbs.
Posted In: Environment

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