Marketplace Morning Report for Thursday, November 3, 2011
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The drama in Europe continues as the Greek government teeters on the brink. The protests of Occupy Oakland heat up and turn violent, after the city's port was shut down early this morning. Food stamps could be on the chopping block with budget cuts in Washington. Groupon goes public, and drug maker GlaxoSmithKline will dish out a $3 billion settlement, in part for Medicaid fraud.
Reports are out that Cuban citizens can now buy and sell property for the first time since the country's Communist revolution.
News from Greece this morning is showing the potential for a big political shake-up. That's leaving European and U.S. markets on unstable footing.
Greek Prime Minister George Papandreou has reportedly called off a popular vote on austerity cuts after European leaders said the vote would jeopardize a planned bailout.
Groupon Inc.'s IPO could be the biggest test yet of how private trading of shares of hot startups like Facebook Inc. before they go public may impact secondary private markets like SecondMarket and SharesPost.
The Port of Oakland was shut down early this morning, and some of the protesters are turning violent.
Leaders of the G20 meet in France today as a new deadline emerges for European leaders to solve the debt crisis: December 4.
Germany's postal service is often touted as a privatization success story. Should the U.S. Postal Service follow in its footsteps?
The federal budget for food stamps doubled during the recession, but major cuts to the program are now on the table.