06/24/08
Marketplace Morning Report for Tuesday, June 24, 2008
Episode Description:
Marketplace Morning Report for Tuesday, June 24, 2008
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1
Too racy for JC Penney?
JC Penney is upset about a viral Web video with an ad showing two teenagers speed dressing. The ad, which wasn't made by the company, seems to encourage teenage sex. But Steve Henn reports the ad might be a good thing.
2
High iron ore price reflects demand
Iron ore is in high demand, and British mining giant Rio Tinto has upped the price almost 100 percent to reflect the boom. Stephen Beard reports because of the way it's traded, the price hike can't be blamed on speculation.
0
States weigh tax hike over budget cuts
With consumer spending down, state budgets are being faced with difficult choices in order to stay in the black. Some states are considering raising taxes as a better alternative to cutting needed programs. Danielle Karson reports.
0
Tapping protected lands to help corn
Midwestern floods have hurt crops and helped bring corn prices to record highs. To help offset the problem, an Iowa senator is encouraging planting in environmentally-protected lands. Jeff Tyler has more.
4
Fighting for Nigeria's oil
Militant attacks on oil rigs in Nigeria have caused the loss of around 300,000 barrels a day. Scott Jagow talks to Gretchen Wilson in Africa about what the militants want and what governments are doing to control the situation.
0
A commission for tough fiscal issues
A House committee is trying to deal with Social Security and Medicare without avoiding them. One method includes creating a bi-partisan commission that would work together on tough decisions. Jeremy Hobson has more.
0
Tech jobs spread to new regions
Silicon Valley is one of the first places that come to mind for jobs in the tech industry. But a report out says tech jobs around North Carolina and even Washington, D.C. have been growing. Janet Babin reports.
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