Feb 28, 2012

Marketplace Morning Report for Tuesday, February 28, 2012

Online user review site Yelp is getting ready for its IPO. The Environmental Protection Agency is in court to defend its landmark global warming finding. A new study reveals the wealthy may be the least ethical. The number of "supercommuters" is on the rise. And the Wealth & Poverty Desk takes a look at poverty, revealing that many who are technically living above the poverty line in the U.S. actually can’t afford to pay for basic needs like clothing and food.

Segments From this episode

Plans for Napoleon Bonaparte theme park move forward

by John Laurenson

Feb 28, 2012

New government funding means the next big theme park in Europe may be "Napoleonland." A commercial tribute to the 19th century French emperor could open in a small town outside Paris.

The Punchline

Michigander, Michiganians or Michiganites?

by Jeremy Hobson

Feb 28, 2012

What do people from Michigan prefer to be called?

Greek Debt Crisis

Explainer: Greece's 'selective default'

by Stephen Beard

Feb 28, 2012

Yesterday, Standard & Poor's downgraded Greece's credit rating to "selective default." It's a move that everyone expected, but what's the difference between that and the messy default it was trying to avoid?

'Supercommuters' on the rise

by Jeremy Hobson

Feb 28, 2012

The number of people who commute more than 90 miles for work has nearly doubled in many cities over the past 10 years.

Are the wealthy less ethical?

by Adriene Hill

Feb 28, 2012

A new study finds that those who feel wealthy are often the least ethical -- more often cutting off other vehicles at four-way intersections and even stealing candy from children.

Environmental Protection Agency on trial

by Sarah Gardner

Feb 28, 2012

The agency is in court to defend its landmark global warming finding.

Fire leads to another cruise ship adrift

by Jeremy Hobson

Feb 28, 2012

The Costa Allegra was stricken by a fire in the Indian Ocean yesterday, and is being towed to shore today. The second ship disaster in recent months could lead to treacherous seas ahead for the cruise industry.

TransCanada to continue with Keystone pipeline in south

by Nancy Marshall-Genzer

Feb 28, 2012

The Canadian oil firm had wanted to run oil all the way from Canada to the Gulf, but President Obama rejected that earlier this year. Now, the company is settling for a pipeline from Oklahoma to Texas.

High gas prices likely to be very temporary

by Juli Niemann

Feb 28, 2012

Gas prices have risen quickly in the past month, but reductions in consumer spending and the payroll tax cut are helping to offset the costs.

What is poverty? Think beyond the official number

by Mitchell Hartman

Feb 28, 2012

Many who are technically living above the poverty line in the United States actually can’t afford to pay for basic needs like clothing and food.

Mid-day Update

PODCAST: Yelp IPO, whispering in airplanes

by Chau Tu

Feb 28, 2012

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Yelp readies for the stock market

by Bob Moon

Feb 28, 2012

The site that lets you reviews local restaurants and services is about to get its own review -- from investors.

Online user review site Yelp is getting ready for its IPO. The Environmental Protection Agency is in court to defend its landmark global warming finding. A new study reveals the wealthy may be the least ethical. The number of “supercommuters” is on the rise. And the Wealth & Poverty Desk takes a look at poverty, revealing that many who are technically living above the poverty line in the U.S. actually can’t afford to pay for basic needs like clothing and food.