Marketplace Morning Report for Tuesday, February 14, 2012

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Two former Bear Stearns executives accused of misleading investors about the quality of risky mortgages have settled with the federal government. Waffle House is transforming more than a hundred restaurants into Valentine wonderlands. President Obama is meeting today with Chinese Vice President Xi Jinping, who is expected to be the next president of China. And some experts are looking to Zynga's earnings to help predict how Facebook will fare in the coming months.

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Germans reacting to protests in Greece

Greece today is trying to find another few hundred million dollars worth of budget cuts. Meanwhile, the rating agency Moody's has downgraded the credit ratings of six European countries, which is likely to make matters worse.
Posted In: Greece, German, Europe
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Payroll tax cut extension deal could come soon

After much disagreement, it looks as though House Republicans and Democrats might soon agree to extend the payroll tax cuts, which put a little extra money into our wallets each month.
Posted In: Washington D.C., Unemployment, politics, payroll tax
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Valentine's Day for American children today

Have classrooms on Valentine's Day really changed all that much since we were kids?
Posted In: Valentine's Day, valentine, valentines
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Valentine's Day: Let's do the numbers

How much will we spend on gifts for those we love today?
Posted In: Valentine's Day
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January retail sales lower than expected

The government said this morning that retail sales inched up 0.4 percent last month. That was lower than expected.
Posted In: retail sales, Retail, consumer
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Volcker Rule aims for fewer risks in the market

There's renewed debate today about the so-called "Volcker Rule." It's part of the Dodd-Frank Wall Street reform passed two years ago. Basically, the Volcker Rule says banks should take fewer risks in the market.
Posted In: Volcker Rule, Paul Volcker, Banks
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PODCAST: Retail sales and valentine hearts

Two former Bear Stearns executives accused of misleading investors about the quality of risky mortgages have settled with the federal government. Waffle House is transforming more than a hundred restaurants into Valentine wonderlands. President Obama is meeting today with Chinese Vice President Xi Jinping, who is expected to be the next president of China. And some experts are looking to Zynga's earnings to help predict how Facebook will fare in the coming months.
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The Westminster Dog Show and the pet economy

Does the best breed at the Westminster dog show impact the broader pet economy in America?
Posted In: Westminster Dog Show, pets
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What California hopes to get from China

Los Angeles is on the agenda for Chinese Vice President Xi Jinping's U.S. visit. California and China have multiple ties, and this visit could set a standard for future negotiations.
Posted In: China, Xi Jinping, california
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New SEC settlement tests regulator's mettle

SEC settles fraud case with former Bear Stearns hedge fund managers. Despite public pressure, the SEC fails to wrest admissions of guilt.
Posted In: Bear Stearns, SEC, Securities and Exchange Commission
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Zynga earnings to give clues about Facebook

Online gaming company is important to Facebook's bottom line.
Posted In: zynga, Facebook, IPO
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Waffle House gets in the mood for Valentine's Day

Waffle House and other decidedly downscale eateries are wooing customers with Valentine's Day dinner.
Posted In: Valentine's Day, Waffle House, restaurants
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China's Xi Jinping visits Washington

Xi Jinping, China's current vice president, will be taking over the country later this year. Barbara Franklin, a former Commerce Department Secretary from the first Bush administration, discusses what the power shift will mean to the U.S.
Posted In: China, Xi Jinping, Washington D.C.
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Chinese leader faces mixed reception in the U.S.

Xi Jinping, who's likely to be China's next president, may face some criticism when visiting Washington D.C. today.
Posted In: China, Xi Jinping
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Cold temperatures in Europe mean better ice fishing

This winter has be harsh in many parts of Europe. And while in many places it is keeping people bundled up inside and businesses hurting, some areas are actually benefiting.
Posted In: ice fishing, Kazakhstan

Music from this show

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Ring Finger
RJD2
Anything New
Bibio
God Put a Smile on Your Face
Mark Ronson feat. The Daptone Horns
Right Round
Flo Rida
The Tallest Man, the Broadest Shoulders Part I: The Great Frontier Part II: Come to Me Only With Playthings Now
Sufjan Stevens

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