Marketplace Morning Report for Thursday May 12, 2011

Episode Description 
Marketplace Morning Report for Thursday May 12, 2011

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.
Posted In: Mergers and Acquisitions

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.

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.
Posted In: Oil

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.
Posted In: Travel

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.
Posted In: Economy

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.
Posted In: Economy

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.
Posted In: Jobs, Retail

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.
Posted In: Internet

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.
Posted In: Wall Street

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.
Posted In: Health

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.

Music from this show

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Phenomenon [Explicit]
LL Cool J
Hella Good (Album Version)
No Doubt
You Wanted A Hit
LCD Soundsystem

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