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Marketplace Morning Report for Tuesday, January 17, 2012

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China's GDP growth has slowed, but was still at 8.9 percent for the last quarter of 2011. The upcoming primary in South Carolina will focus more on economic issues than earlier contests this year. Newly appointed CFPB Director Richard Cordray explains his plans for the agency. We take a look at how companies spin news stores for their own advantage, and stock brokers in Hong Kong are fighting for their right to a long lunch break.

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With growth, China population becomes more urban

China's economy grew 8.9 percent last quarter, in part thanks to the movement of millions of people from the countryside for better paying jobs in cities. For the first time, the number of urban dwellers there has officially topped the rural population.
Posted In: China, population, growth

Richard Cordray and the CFPB set to work

Newly appointed head of the Consumer Financial Protection Bureau, Richard Cordray, speaks about the priorities on the table for the organization.
Posted In: CFPB, Richard Cordray, regulation

Hong Kong stock exchange fights to keep long lunch break

One of the world's biggest stock exchanges, Hong Kong, is also one of the few in the world that stops trading for an hour and a half long lunch break.
Posted In: hong kong, lunch, stock exchange

Raising the debt ceiling could be easier this time

The U.S. Treasury is once again set to reach its borrowing limit. But this time around, it might not spark quite the same debates in Washington as last time around.
Posted In: debt ceiling

Hollywood unions on the verge of a merger

The proposed merger would combine the Screen Actors Guild (SAG) and the American Federation of Television and Radio Artists, or AFTRA.
Posted In: unions, Screen Actors Guild, hollywood

PODCAST: Managing for value

China's GDP growth has slowed, but was still at 8.9 percent for the last quarter of 2011. The upcoming primary in South Carolina will focus more on economic issues than earlier contests this year. Newly appointed CFPB Director Richard Cordray explains his plans for the agency. We take a look at how companies spin news stores for their own advantage, and stock brokers in Hong Kong are fighting for their right to a long lunch break.

Big bank earnings signal fourth quarter troubles

Wells Fargo and Citigroup reported earnings today, and both were doing well until October, when Europe's debt crisis started to take its toll.
Posted In: banking, Earnings, Wells Fargo, Citigroup

Airbus outpaces rival Boeing on 2011 plane orders

Airbus checked off orders for over 1,400 new planes in 2011, while Boeing only tallied up order for around 800 new planes last year.
Posted In: Boeing, Airbus, airline industry

SAG, AFTRA unions could soon join forces

A deal has been considered for years, but now it looks as though the two major industry unions may combine into one powerful force.
Posted In: hollywood, unions, Screen Actors Guild

Mid-day Extra: Cupcakegate and TSA proof products

A company in Rhode Island has come out with a TSA-safe cupcake in response to the incident last month where a cupcake was confiscated in an airport for its gel-like frosting.
Posted In: cupcakes, TSA, airline industry

China's high GDP growth hard to compare to U.S.

China said today that its economy grew 9.2 percent last year, while our economy was growing at rate of less than 2 percent for most of last year.
Posted In: China, GDP, growth

Unemployment will be big issue in S.C. primary

The two Republican primaries so far this year have been in states with relatively healthy economies. That isn't the case in South Carolina, where presidential hopefuls hit the ballot next.
Posted In: politics, 2012 election, republican primaries, Unemployment

The best corporate spin of the year

It seems that corporations always revert to a special kind of jargon when it comes to bad news.
Posted In: corporations, job cuts

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Someone Like Me
Röyksopp
Montanita
Ratatat
Golden Brown
The Stranglers
Mambo Jambo
Terry Snyder