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Marketplace Morning Report for Tuesday, November 8, 2011

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Italian Prime Minister Silvio Berlusconi may have just managed to hold on to power today after winning a key parliamentary vote. There were more jobs advertised in September than at any other time in the last 3 years -- sign the job market could be getting better. Japanese car maker Toyota said profit fell by more than 18 percent in its last quarter. General Motors today rejected a plan for two Chinese companies to take over Swedish automaker Saab. GM is still a preferred shareholder in Saab. In Japan, the 92-year-old camera company Olympus admitted it has been covering up losses for decades.

Berlusconi passes a budget vote, but loses majority

After increasing pressure on the Italian prime minister, a budget vote was passed through parliament today. But it might be the beginning of the end for the leader.

How would a technocratic government be different?

Prime Minister Silvio Berlusconi might be able to hold on to power in Italy, but there are still calls for a "technocratic" government to fix the country's problems.

GM fights off Saab buyout by Chinese companies

Two Chinese companies have had their eye on the ailing auto maker Saab. But GM, which still holds a significant stake in the company, refuses to hand over its technology that lives under the Saab hood.
Posted In: Auto

Berlusconi departure won't be a quick fix for Italian economy

If Silvio Berlusconi is removed from power, it will certainly mark the end of an Italian political era, but it may not do much for the current financial crisis.

Leadership under strain in Italy and Greece

The drama continues to unfold in Europe today, as politicians in both Italy and Greece face challenges.

Olympus comes clean after decades of hiding losses

Japanese camera company Olympus has been hiding its financial losses for years by inflating fees to advisers.
Posted In: Mergers and Acquisitions

Measures around the country meet the ballot today

Today is election day, and there are a number of measures being voted on in states across the U.S. that could have lasting economic impacts.

Toyota earnings still stifled

Everything from natural disasters to the currency exchange rate may force Japan's largest auto maker to reduce its earnings forecast for the full year through next March.
Posted In: Auto

Ohio to vote on collective bargaining

Voters will decide whether to limit the collective bargaining power of more than 350,000 unionized government workers.

'This Space Available' and the problem with billboards

A new documentary takes a look at how billboard advertising is infiltrating our lives in a negative way.

Latest 'Call of Duty' could be most lucrative video game ever

The eighth iteration of the popular video game is already one of the highest grossing entertainment franchises of all time.
Posted In: Entertainment

Juli Niemann: How companies can hide the truth

News out today that Olympus committed fraud for decades comes at a time when a lot of businesses get away with such deceit. How do they do it? We asked Juli Niemann, analyst at Smith, Moore and Company.
Posted In: Investing

Mid-day Extra: Where boxing has gone since the days of Joe Frazier

The rivalry between Muhammad Ali and Joe Frazier was one of sports legend. But what has happened to boxing since those days?
Posted In: Sports, boxing

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Rome
Danger Mouse & Daniele Luppi
Illinoise
Sufjan Stevens
D [+Digital Booklet]
White Denim