Marketplace Morning Report

with David Brancaccio

Marketplace Morning Report for Tuesday, November 5, 2013

New data from Europe show growth has likely slowed in the second half of the year, and that unemployment will likely stay high. Advocates pushing for high-speed rail in America begin their annual meeting in Los Angeles today. The U.S. High Speed Rail Association spends a lot of time dreaming about California. Construction is about to begin on a bullet train connecting LA and San Francisco. But outside California, the shovel-ready projects are tough to find. This coming weekend, Chinese leaders meet to hammer out economic reforms they hope will put the world's second-biggest economy back on track. On one of the reforms, President Xi Jinping started the ball rolling a year ago, when he ordered government officials to end lavish banquets. That had a tremendous impact on sales of baijiu, a grain alcohol that will knock you flat. But one Chinese company has selected an American to save the day.

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About the Show

Marketplace Morning Report®, hosted by David Brancaccio, kicks your weekday off right. Now a regular segment on NPR’s Morning Edition®, it’s a dash of news to go with that first cup of coffee. Get a global perspective on what’s making the business news headlines, airing up to five times each morning.