05/07/09
Marketplace Morning Report for Thursday, May 7, 2009
Episode Description:
Marketplace Morning Report for Thursday, May 7, 2009
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0
Should we celebrate low jobless claims?
Steve Chiotakis talks to Bill Stone, Chief Investment Strategist at PNC Wealth Management, about the bank stress tests, jobless claims and retail sales.
0
Trimming budget fat won't be easy
The Obama budget team has identified 121 line items they say don't work. But one person's failed idea or unnecessary expense is someone else's vital program, and the proposed $17 billion in cuts will likely face opposition. Tamara Keith reports.
0
More artists' revenue for Live Nation
Live Nation is still waiting to find out if regulators will approve its proposed merger with Ticketmaster. If the deal goes through, it could mean taking advantage of bigger shares from artists.
Joel Rose reports.
0
U.K.'s not feeling so golden
It's the 10th anniversary of the Bank of England's decision to sell off its gold reserves, and the move has cost them billions in the long run. Steve Chiotakis explores the pitfalls of the decision with Marketplace's Stephen Beard.
0
Boldly smell like no one has before
The Star Trek franchise is trying a new product to tap into the zealous love of Trekkies: three kinds of perfume, named faithfully after inside references to the show. Marketers call it a smart move. Caitlan Carroll reports.
0
Porsche, Volkswagen merge over feud
Volkswagen and Porsche have agreed to merge after the sports car's plan to buy stake buckled under debt. Stephen Beard explores the longstanding family feud between the two companies and whether it's ended now.
21
Chicken owners seek free range in city
Chicken enthusiasts are fighting for their right to keep the birds in backyard coops in many big cities where the practice is illegal. Joel Rose explores the issue and visits with urban chicken owners in Philadelphia.
2
Solar users could trade power for cash
Solar panel users who generate more power than they need currently relinquish that excess energy to local utilities. A Senate committee is considering whether to require those companies to pay for that energy. Jennifer Collins reports.
2
Bank stress test results call for action
The results of the bank stress tests will officially be made public today, but with the news leaking out over the last several days, many of us already know the score. The goal now is a plan for action. Tamara Keith reports.
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