06/14/11
Marketplace Morning Report for Tuesday, June 14, 2011
Episode Description:
Marketplace Morning Report for Tuesday, June 14, 2011
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Nokia settles patent battle with Apple
Apple will reportedly pay Nokia an undisclosed amount in licensing fees for past and ongoing use of Nokia technology. Cecilia Kang with the Washington Post explains.
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Pepsi NEXT targets the mildly health conscious
In the ongoing battle to please both calorie-conscious and sweet-toothed consumers, Pepsi is preparing to launch a mid-calorie beverage called 'Pepsi NEXT.'
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Wholesale prices rise at slower pace in May
Wholesale prices rose at the slowest pace in 10 months in May, as food costs fell and gas prices rose. Juli Niemann, from Smith Moore and Co., explains.
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With clock ticking, lawmakers resume debt discussions
Vice President Joe Biden and congressional negotiators will resume debt reduction discussions today. New faces, such las Fed Chairman Ben Bernanke are joining the talks today in hopes of avoiding a federal default.
2
British fear 'American-style' health care
As American politicians continue to debate ways to reform health care, British politicians are telling a concerned population that the U.K. will not turn their National Health Service into an 'American-style' private system.
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Obama's visit to Puerto Rico is about politics, economics
President Obama today will make the first official U.S. presidential visit to Puerto Rico since President John F. Kennedy. Puerto Ricans hope Obama's visit could spark job growth in the struggling economy.
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Greece has world's worst credit rating
Greece's debt rating was slashed again. The cut makes Greece the riskiest nation in the world to invest in -- worse than even Pakistan and Ecuador.
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Chinese inflation hits a three-year high
Inflation in China soared in May to its highest level in 34 months. Prices grew 5.5 percent from a year ago.
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Department of Defense to roll out energy plans
Expect everything from solar-powered tents to hybrid ships. What the services buy can help entrepreneurs through the Valley of Death and to commercial market.
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Pandora prepares to go public
Riding the IPO wave, the digital radio company raises the size of its offering and share price.
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Federal agency sues Boeing on behalf of unionized workers
Boeing goes before the National Labor Relations Board today to face accusations it built a new plant in South Carolina intentionally to harm its unions in Washington state.
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New Jersey to close round one of bids for offshore wind
This offshore wind project could be first in the nation to start running. The U.S. has lagged behind Europe and other countries in getting offshore wind to market.
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