09/01/09
Marketplace Morning Report for Tuesday, September 1, 2009
Episode Description:
Marketplace Morning Report for Tuesday, September 1, 2009
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0
Gimmicks draw attention to small banks
Without the marketing budget to compete heavily with larger banks, small to medium-sized financial firms are turning to unconventional methods to draw customers. Marti Mikkelson explores a few promo tactics being used in Milwaukee, Wis.
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eBay relieving itself of Skype
Online retailer eBay has apparently come to an agreement to sell its Internet phone company Skype to a group of private equity firms and other investors. Stephen Beard reports why this sale comes at a surprising time.
0
Europe dims use of 100-watt bulbs
Today is the last day that stores in Europe can buy or import 100-watt incandescent bulbs. Bill Radke talks to European correspondent Stephen Beard about the impetus for the eco-friendly move.
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Things looking up for construction
Construction jobs have been vanishing for the past year, but experts says that's starting to turn around. Low prices and government tax credits are enticing first-time home buyers. Mitchell Hartman reports.
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Investors get SAD in September
September is traditionally a bad month for the stock market, and the reason may be psychological. One theory is that investors suffer from Seasonal Affective Disorder, or SAD, making them more risk-averse. Jill Barshay has more.
1
No boost from Vermont gay weddings
Starting today, same-sex weddings are officially legal in Vermont, the first state which allowed gay couples civil unions in 2000. But there doesn't appear to be the same immediate demand as there was nine years ago. Ross Sneyd reports.
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B of A wants repayment to up status
Bank of America wants to repay about $20 billion of bailout funds it borrowed to improve its standing with the federal government. But the bank's payback situation is more complex than other financial firms. Sam Eaton reports.
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