Marketplace Morning Report for Tuesday, May 11, 2010

Episode Description 
Marketplace Morning Report for Tuesday, May 11, 2010

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

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.

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.

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

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.

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

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