Marketplace Morning Report for Wednesday, April 11, 2012

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Episode Description 
The stock market isn't the only thing ailing Europe today:  the market for carbon credits. Prices have tanked for allowances to spew carbon. There's a tsunami warning in effect across the Indian Ocean. Will today's earthquake impact the countries there as harshly as past disasters? And Terry Branstad, the Republican governor of Iowa, weighs in on the "lean finely-textured beef" vs. "pink slime" debate.
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Earthquake hits Indonesia, tsunami warnings out

There are tsunami watches and warnings around the Indian Ocean this morning after a magnitude 8.6 quake struck off the coast of Indonesia early today.
Posted In: earthquake, tsunami, Indonesia
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India's first responses to earthquake and tsunami warnings

An 8.6 magnitude earthquake centered nearly 300 miles off of Indonesia has people around the Indian Ocean as far away as East Africa moving to higher ground. An 8.2 aftershock three hours later prompted a second tsunami warning.
Posted In: tsunami, earthquake, Indonesia
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Markets feeling the ripples from Europe and earthquake

There were several massive earthquakes off the coast of Indonesia today, triggering tsunami warnings across the Indian Ocean. Those warnings have been cancelled and no serious damage has been reported so far.
Posted In: markets, tsunami, Europe, bonds
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Chicago mayor hopes to lengthen school day

Chicago mayor Rahm Emanuel is moving ahead with controversial plans for a longer school day. That would make Chicago an outlier, because a longer day costs more money -- which most districts don't have at the moment.
Posted In: Rahm Emanuel, School, Chicago
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Apple sued over price fixing on e-books

The Department of Justice is suing Apple. The charges? Price fixing. Not for Apple laptops, or Apple iPads -- but for the e-books you read on them.
Posted In: apple, ebooks
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PODCAST: Earthquake in Indonesia, import prices up

The stock market isn't the only thing ailing Europe today: the market for carbon credits. Prices have tanked for allowances to spew carbon. There's a tsunami warning in effect across the Indian Ocean. Will today's earthquake impact the countries there as harshly as past disasters? And Terry Branstad, the Republican governor of Iowa, weighs in on the "lean finely-textured beef" vs. "pink slime" debate.
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Small town in Spain considers growing marijuana

Over 50 percent of a small village in northern Spain has voted in favor of a plan to allow marijuana to be grown there. The aim is to generate money for the village to help wipe out its debt. However it's still unclear if the idea will go ahead.
Posted In: marijuana, spain
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Letter carriers protest postal service reform bill

The National Association of Letter Carriers is planning nationwide demonstrations Thursday outside U.S. Senate offices. They are protesting "flawed" legislation they say would hurt the postal service even more than it's already been damaged by cost-cutting.
Posted In: Postal Service
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European carbon markets sagging

At an energy conference today, European Union members will be talking about how to shore up carbon markets as prices for carbon allowances fall.
Posted In: carbon emissions
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GOP-friendly super PACs can now focus money on Obama

Rick Santorum's exit from the GOP primary race means the super PAC money that kept his presidential bid alive will now likely be spent on anti-Obama attack ads.
Posted In: super PAC, Rick Santorum, 2012 election, Mitt Romney
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Markets running scared as European fears return

U.S. stocks had their worst day of the year yesterday, in part because analysts say the European debt crisis is back after months of relative calm.
Posted In: Europe debt crisis, italy, investors
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Gov. Terry Branstad: The case for 'pink slime'

The Republican governor of Iowa defends lean finely textured beef -- otherwise known as pink slime -- and worries about what all the negative press could do to the beef industry.
Posted In: Terry Branstad, pink slime, beef
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A new dawn after yesterday's market lows

Coming off Tuesday's worst showing for stocks this year -- both in the U.S. and Europe -- there is a new dawn today. Market players are showing a renewed appetite for risk, including stocks, at least so far on this Wednesday.
Posted In: Europe debt crisis

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