Marketplace Morning Report for Thursday, May 2, 2013

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Episode Description 
Former CIA Director David Petraeus considers his next move. Will the European Central Bank follow the U.S. Federal Reserve's lead? And a new study out of Switzerland finds the corporate structure of carpenter ants has some similarities to our own.  

PODCAST: ESPN and SEC team up, Facebook good news bad news

ESPN and the SEC team up for a new sports network. What's ahead for Mexico and the U.S.? And Facebook is making more money, but it's spending more, too.

The economic stakes with Mexico: Immigration, trade, and security

President Obama heads to Mexico today to meet with that country's new President Enrique Peña Nieto. The two leaders will discuss immigration reform, trade, and economics.
Posted In: Mexico, Enrique Peña Nieto, Obama

Facebook is making more money, but spending more, too

There’s good news and bad news from Facebook. Facebook’s revenues only grew 38 percent in the first quarter, while its costs were up 60 percent.
Posted In: Facebook

Meet the two new nominees for President Obama's economic team

The president has nominated Penny Pritzker to run the Commerce Department, and Michael Froman as the next U.S. trade representative.
Posted In: Obama, Commerce Department, trade

How to raise mindful kids in the digital age

What is appropriate language to use online and in everyday life? Janell Burley Hofmann, a mother of five who helps us figure out how to behave with technology, shares her advice.
Posted In: NBA, Twitter, family tech, family

Obama nominates former lobbyist, hall-of-famer Wheeler to head FCC

The Federal Communications Commission has a new chairman, Tom Wheeler. If confirmed by the Senate, he'll replace Julius Genachowski, who resigned in March.
Posted In: fcc, Obama, telecom

European Central Bank cuts interest rate to record low

The European Central Bank (ECB) has cut interest rates to a record low of 0.5 percent. But how much stimulus can the ECB really provide?
Posted In: ECB, interest rates, Federal Reserve, Europe debt crisis

What can ants teach us about our own corporate ladder?

A new study out of Switzerland finds carpenter ant colonies have some startling similarities with the structure of our own corporate ladder.
Posted In: human resources, career, insects

Oh, the places David Petraeus could go

After accepting a teaching post at CUNY, the exalted and shamed former general is reportedly in talks with private equity giant KKR. What are the real job prospects for David Petraeus?
Posted In: David Petraeus, job search, military, Army

Fisheye lens gets a bug-eye makeover

Researchers at the University of Illinois and Northwestern University have developed a unique hemispherical digital camera based on the eye of a fly.

The value of a deal between ESPN and the Southeastern Conference

ESPN and the SEC are announcing the SEC Network, a lucrative TV deal for college sports. What’s so valuable about the SEC? And what’s in the deal for the schools?
Posted In: college sports, Sports, espn

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