04/01/08
Marketplace Morning Report for Tuesday, April 1, 2008
Episode Description:
Marketplace Morning Report for Tuesday, April 1, 2008
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Penn. truckers feel loaded with taxes
Truck drivers upset over the cost of diesel fuel taxes in Pennsylvania are gathering in Harrisburg to voice their dissent. Ashley Milne-Tyte reports there could be more protests in the pipeline.
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Consumers need protection from Fed fix
Ordinary Americans could benefit from the proposal to control mortgage regulators, but probably not for some time. Jeremy Hobson looks at what the Fed's plan could do for Main Street America.
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Baggage trouble continues at Heathrow
Another day, another 50 flights canceled at London's Heathrow airport. Doug Krizner talks to Stephen Beard about the current computerized baggage snafu and how the staff is dealing with massive amounts of trouble.
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Delta to hit travelers with new fees
Delta Airlines is adding fees for booking tickets by phone, traveling with your dog and sending your kid on a trip alone. Alisa Roth looks into why such fees makes more sense than raising ticket prices.
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Airbus weathering tough times
Airbus has had a rough time lately. Scott Jagow talks to Stephen Beard about the issues the European plane maker is dealing with, including delays with its superjumbo jet, profit losses and allegations of insider trading.
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The renters' end of the housing crisis
In the latest edition of our Housing Madness series, we look at a group of people who never even took out a subprime loan -- or any loan for that matter. Steve Tripoli explores the story from the renters' perspective.
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Visa cap could leave U.S. jobs open
Visa applications for highly skilled foreign workers are expected to hit a record high this year, but a U.S. cap means a large number will be rejected. It also means U.S. jobs won't be filled. Dan Grech reports.
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Will the Fed have too much power?
Proposed new powers for the Fed would allow the agency to pre-empt another Bear Stearns-style debacle. Jill Barshay reports this might turn the Fed into a "super cop."
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Reward responsibility, not risk
With Congress back in session, the issue of homeowners struggling from subprime is back on the table. One proposal would force mortgage lenders to refinance bad loans. But commentator Todd Buchholz says not so fast.
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More write-downs for UBS
The credit crisis has inflicted more damage on Swiss banking giant UBS. The bank's got to write down an additional $19 billion for bad mortgage investments. Stephen Beard reports.
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