Marketplace Morning Report for Thursday, May 5, 2011

Episode Description 
Marketplace Morning Report for Thursday, May 5, 2011

CIGNA reports 52% increase in first quarter earnings

David Cordani, CEO of CIGNA, explains the company's recent profits, and how it plans to keep up with potential changes in the health care landscape.
Posted In: Health

U.S. jobless claims hit 8-month high

New claims for unemployment benefits rose to 474,000 -- the highest level in eight months. Diane Swonk from Mesirow Financial explains.
Posted In: Jobs

Congressional leaders meet to discuss long term debt

Members of Congress meet with the White House today on how to raise the debt ceiling and come up with a long-term deficit solution. Rep. Chris Van Hollen (D-Md.) explains.

GM profits soar to $3.2 billion in first quarter

General Motors said today that its profit tripled in the last quarter. Michelle Krebs from explains how demand in China and small vehicles fit into the numbers.

Using the carrot and the stick with Libya and the Arab World

International diplomats are meeting today in Rome to discuss how best to support Libya's rebels. And one proposal would create a new Marshall Plan for the Arab World.

Oil prices fall to $109 a barrel

Crude oil futures have slipped to $109 a barrel after government reports point to a slowdown in the economic recovery.
Posted In: Oil

Rental company spies on Wyoming couple through webcam

Aaron's calls the incident a fluke, but privacy advocate says there are no laws to prevent the practice.

Welcoming more immigrants could help boost the U.S. economy

Immigration policy may be a place to look for economic growth in the U.S.
Posted In: Immigration

Biden, White House deficit panel to discuss budget

Vice President Joe Biden will lead a bipartisan meeting today in hopes of cutting the ballooning federal deficit and avoiding the national debt ceiling.

'Flash Crash' anniversary leaves unanswered questions

Regulators have put in place rules to keep stocks from tumbling to zero, but skeptics question their adequacy.
Posted In: Wall Street

States squeezed in cutting Medicaid payments

Obama administration rule would make it more difficult for states to reduce payments to doctors who treat patients in the program for the poor.
Posted In: Health

Music from this show

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This Must Be The Place (Naive Melody) (Remastered Version)
Talking Heads
Devendra Banhart
Devendra Banhart

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