Marketplace Morning Report for Tuesday, May 11, 2010

Episode Description 
Marketplace Morning Report for Tuesday, May 11, 2010
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Reuters launches Web video news service

Thomson Reuters launches a new Web video news service today with a business focus. The service is subscription only, and subscribers can shoot, edit and upload their own takes on the global economy. Eve Troeh reports.
Posted In: Internet
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Most expensive World Cup kicks off in a month

The World Cup kicks off in a month, and South Africa's built five new stadiums, a new airport and brand new roads. But even a $6 billion budget wasn't enough to ensure the soccer World Cup began on schedule.
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Mullen approaches military like a business

Admiral Mike Mullen is using Facebook and Twitter to tap into the skill set of the young workforce of the military. Stacey Vanek-Smith talks to Reporter Jeff Chu about the Chairman of the Joint Chiefs of Staff.
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BP, Transocean explain oil leak to Congress

Heads of BP, Transocean and Halliburton are on Capitol Hill this morning to explain to Congress what went wrong in the BP oil accident. A lot of finger-pointing is expected. Stacey Vanek-Smith talks to John Dimsdale.
Posted In: Oil
2

Warehouse town locals fight to breathe

About 50 miles east of Los Angeles, Mira Loma, Calif. has a very active warehouse district and some of the worst air pollution in the country. Residents concerned for their health want to prevent more warehouses from cropping up. Caitlan Carroll reports.
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BP using problematic chemical to disperse oil

BP has bought a stockpile of a chemical called Corexit to use on the oil slick, a product that breaks up the slick into tiny droplets that sink underwater. Environmentalists worry the toxic material will hurt sea life. Jill Barshay reports.
Posted In: Oil
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Euro drops after Europe bailout

The Euro dropped in global markets just one day after Europe announced a near-$1 trillion bailout. Continuing coverage from European correspondent Stephen Beard.
Posted In: Investing, Wall Street

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