Marketplace Morning Report for Tuesday, February 7, 2012

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Episode Description 
Swiss commodities broker Glencore and global mining giant Xstrara announced a $90 billion merger deal. We talk to one analyst to find out why that matters to you. Also on the show, the Senate weighs a bigger government role in cyber security to protect privately owned critical infrastructure. And Ohio finds an economic bright spot in its homegrown alcohol industry.

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Money flows across border

As Western Union earnings show, the global remittance business is at record levels.
Posted In: Western Union, remittances

Homegrown alcohol industry a bright spot for Ohio

Liquor sales have risen even as the state's economy has slumped. In turn, Ohio is embracing its homegrown booze industry.
Posted In: beer, wine, Ohio, liquor sales

$90 billion mining merger would alter industry

The world's largest commodities trader Glencore has agreed to buy mining giant Xstrata to create a global giant in coal, zinc and copper mining and production.
Posted In: commodities, mining, Glencore, Xstrara, Mergers and Acquisitions

FAA funding bill limits labor unions

Congress has passed a bill to fund technology upgrades for the Federal Aviation Administration. But some unions say they lose out under the legislation, which also limits union activity.
Posted In: airline industry, unions, FAA

Delaware AG Biden: Mortgage deal not enough

Forty states have signed on to a settlement deal with the nation's largest banks, while Delaware and other hold-out states try for a better deal.
Posted In: foreclosures, Beau Biden, Housing, mortgage settlement

Iguana, it's what's for dinner

In an effort to rid Puerto Rico of its 4-million-strong invasive iguana population, the government has proposed turning them into an "exotic meat" export.
Posted In: Puerto Rico, iguana, export, exotic meat

Podcast: Mergers, mortgages, and iguana meat

Forty states have signed onto a settlement deal with the nation's largest banks over abusive foreclosure practices. We talk to the attorney general from the hold-out state of Delaware to find out why he wants a better deal. Congress passed a bill to fund technology upgrades for the FAA, but airline industry unions are balking at the deal. And Puerto Rico looks to ease its overpopulation of invasive iguanas by exporting them as "exotic meat." Plus, more headlines from this Tuesday morning.
Posted In: podcast

Lottery jackpot is a spot in public housing

New Haven attracts families to a new mixed-income community with a popular lottery.
Posted In: Connecticut, lottery, affordable housing

Senate weighs bigger government role in cyber security

Lawmakers are proposing increased government regulation of computer security for "critical" businesses like nuclear power plants, water utilities and chemical factories.
Posted In: cybersecurity, hackers

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Breakfast Enthusiast
Mux Mool
Night Nurse
Dean & Britta
Heavy Soup (outro)
Cornershop
Quik's Groove V
DJ Quik
3rd Gear
Z-Trip