Marketplace Morning Report for Tuesday, June 7, 2011

Episode Description 
Marketplace Morning Report for Tuesday, June 7, 2011

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.
Posted In: Health

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.
Posted In: Oil

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.
Posted In: Housing

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.
Posted In: Housing

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.
Posted In: Health

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.

Well-established hospitals spread infections

Consumer Reports says more well-known teaching hospitals spread infection than you might think.
Posted In: Health

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.
Posted In: Oil

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.
Posted In: Wall Street

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.
Posted In: Entrepreneurship

Music from this show

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Bohemian Like You
The Dandy Warhols
Jacksonville
Sufjan Stevens
You Dropped A Bomb On Me
The Gap Band