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Marketplace Morning Report for Tuesday, February 3, 2009

Episode Description 
Marketplace Morning Report for Tuesday, February 3, 2009

Citigroup to use $36.5 billion on lending

Citigroup unveiled plans to use $36.5 billion of the $45 billion it got in bailout money on lending. The bulk of the money will go towards mortgage loans. Nancy Marshall Genzer reports.
Posted In: Economy

Casting change in SAG contract talks

The Screen Actor's Guild has been embroiled in a bit of drama lately. Actors have been working without a contract since June, members have been fighting with each other, and the guild's top negotiator was recently ousted. Rico Gagliano reports.
Posted In: Entertainment

FCC nominee raises high-tech hopes

President Obama is expected to nominate his top technology adviser, Julius Genachowski, for chairman of the Federal Communications Commission. His appointment could significantly affect the nation's high-tech landscape. Ronni Radbill reports.
Posted In: Science

Foreign opposition to 'Buy American'

The European Union is attacking the "Buy American" clause in the U.S. economic stimulus plan. The clause seeks to ensure that only U.S.-made materials are used in projects funded under the bill, which foreign steel makers fear will lead to a loss in business. Stephen Beard reports.
Posted In: Jobs

House committee looks at lending

Many banks are nervous about lending, making it difficult for homeowners to refinance their mortgages. A House committee is meeting today to see what can be done to keep homeowners near foreclosure in their homes. Shia Levitt reports.
Posted In: Housing

Commerce nominee a 'stimulating' pick

President Obama is set to announce New Hampshire Republican Sen. Judd Gregg as his choice for Commerce Secretary today. By choosing Gregg, Obama may be hoping to soften GOP resistance to his stimulus plan. Nancy Marshall Genzer reports.

FDA's drug vote may show risk stance

An FDA panel is expected to endorse a new blood-thinning drug by Eli Lilly. The decision could have a big impact on how powerful drugs with potentially risky effects are brought to the market. Dan Grech reports.
Posted In: Health

U.S. vacation spots market to Chinese

Every year, Chinese travelers spend $30 billion going abroad. So U.S. vacation hot spots are marketing to the Chinese. But marketers should know a few things first. Scott Tong reports from a tourism expo in Shanghai.

Music from this show

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Everybody Wants Some!!
Van Halen
Jack & Diane (Album Version)
John Mellencamp
Hard Times (No One Knows Better Than I) (R&B LP Version)
Ray Charles
Grease
Frankie Valli
Lay Down Sally
Eric Clapton