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Marketplace Morning Report for Tuesday, May 10, 2011

Episode Description 
Marketplace Morning Report for Tuesday, May 10, 2011

U.S. presses China on finance reform

China reported today that exports hit a record high last month. Juli Niemann, analyst with Smith Moore and Company, explains how this news will impact trade discussions between the U.S. and China today in Washington.
Posted In: China

Greece: Economists forecast default

Economist David McWilliams -- a former official in the Irish Central Bank -- believes a Greecian default is inevitable. But will Greece influence other indebted countries as well?

Skype-Microsoft deal: Keeping up with Facebook

U.S. software group Microsoft is in talks to buy Internet video and phone service Skype -- a move that could put Microsoft closer to its communications competitors.

China's trade surplus surged in April

China has reported a trade surplus of $11.4 billion, nearly four times greater than expected. Gareth Leather with the Economist Intelligence Unit says this news could impact U.S. and Chinese trade talks.
Posted In: China

Update: Microsoft makes $8.5 billion Skype offer official

Microsoft has announced that it will buy Internet video and phone network Skype for $8.56 billion in cash.

The art of the elevator pitch

Students from all over the world were invited to give their 60-second elevator pitch via YouTube for MIT's annual entrepreneurial competition this year.
Posted In: Entrepreneurship

Apple and Google testify on the Hill tomorrow

Lawmakers want to hear about their mobile privacy policies. It turns out not just retailers want data on you -- other kinds of companies do too.

Emirates growth strains global pilot market

Emirates Airlines is profitable and growing. With $67 billion worth of planes on order, the Dubai carrier is shopping for lots of pilots.
Posted In: Airlines

In Frankfurt, from stocks to sausages

Thomas Brausse lost his job as a stock broker during the height of the financial crisis. Now he's feeding his former colleagues during their lunch breaks with traditional currywurst.

Music from this show

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Oh My God
Mark Ronson feat. Lily Allen
Keep Your Hands Off Her
The Black Keys
Transformer
Gnarls Barkley
What Goes Around.../...Comes Around Interlude
Justin Timberlake