05/12/11
Marketplace Morning Report for Thursday May 12, 2011
Episode Description:
Marketplace Morning Report for Thursday May 12, 2011
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1
FCC commissioner headed to Comcast job
Federal Communications Commissioner Meredith Attwell Baker announced yesterday that she will resign from the FCC to join Comcast-NBC Universal, after she voted to approve the merger four months ago. Eliza Krigman with Politico Pro explains.
1
Galliano's racism trial set for June 22
British fashion designer John Galliano is scheduled to go on trial June 22 for allegedly making public anti-semitic remarks.
0
Leading oil CEOs head to Capitol Hill
With much of the country paying more that $4 a gallon for gas, Senate Democrats and Republicans are squaring off over whether to cut tax credits for oil companies.
0
Lonely Planet snubs U.K.
The well-known travel guide recently released its Great Britain review, saying the country is not a good choice for cash-conscious or adventurous tourist.
1
High gas prices hit retail sales, wholesale prices, jobs numbers
Diane Swonk, chief economist with Mesirow Financial, takes a look at today's economic indicators.
0
U.S. wholesale prices up 0.8% in April
Wholesales prices rose in April driven by surging fuel costs. Michelle Meyer from Bank of America Merrill Lynch explains.
1
Laid off, and finding a different world in retail
Caitlin Kelly, journalist and author of "Malled," talks about her unintentional path to a career in retail, and what she found out about the industry while working the job.
3
China's Baidu fined for copyright infringement
American corporations are investing in Chinese web giants like Baidu. But those same websites are stealing content and copyrighted material from other American firms.
1
Insider trading victory emboldens prosecutors
The sweeping conviction of Galleon hedge fund founder Raj Rajaratnam gives the government impetus to step up its insider trading probe.
2
Re-evaluating Masschusett's health care reform
Mitt Romney will address health care reform in a speech today. As governor, he shepherded a law in Massachusetts that requires all residents to have health insurance, but today is expected to distance himself from the law and call for a repeal to Obamacare.
0
Countries to meet and plan for Arctic future
The Arctic Council is set to meet in Greenland and set an agreement for the future and development of the Arctic Circle.
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