06/07/11
Marketplace Morning Report for Tuesday, June 7, 2011
Episode Description:
Marketplace Morning Report for Tuesday, June 7, 2011
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0
European E. coli outbreak mishandled
As the European Union prepares to host an emergency meeting concerning the outbreak of E. coli, Michael Osterholm from the University of Minnesota explains the current investigation, and compares Europe's situation to past U.S. outbreaks.
0
OPEC expected to announce increases in production
Juli Niemann, analyst with Smith Moore and Company, explains if an increase in oil production is really the answer to the global oil problems.
0
Report: Many Americans used homes as ATMs
A new survey finds almost 40 percent of homeowners who took out second mortgages are underwater on their loans -- a result that reduces your ability to move, refinance or sell your house, and puts you at increased risk of foreclosure.
1
Second mortgages taking on water
Almost 40 percent of homeowners who carry second mortgages are underwater on their loans, according to a new report from real estate data firm CoreLogic.
1
EU to hold emergency summit to discuss E. coli outbreak
Health officials throughout Europe continue to hunt for the origin of the deadly E. coli outbreak after early tests failed to identify German bean spouts as the source.
0
Security firm offers to replace 'keys' after data breach
Data storage firm EMC has offered to replace millions of potentially compromised "SecurID" electronic keys after hackers attempted to use stolen information from the keys to break into Lockheed Martin's network.
1
Well-established hospitals spread infections
Consumer Reports says more well-known teaching hospitals spread infection than you might think.
0
OPEC meets Wednesday under pressure to raise quotas
Experts say OPEC might not raise output when it meets, despite Libya's production outage. Saudi Arabia is already compensating for the outage.
3
Wall Street hosts fundraiser for Barney Frank
A big Wall Street lobbying group, seeking to influence regulation designed to police the financial industry, holds a fundraising dinner for Congressman Frank.
2
Groupon IPO could give rise to Silicon Prairie in Chicago
Local entrepreneurs are hoping that Groupon's IPO will help build the Windy City into the Silicon Valley of the Midwest.
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