04/15/09
Marketplace Morning Report for Wednesday, April 15, 2009
Episode Description:
Marketplace Morning Report for Wednesday, April 15, 2009
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16
Lawmaker exposes unclaimed refunds
The government is sitting on millions of dollars in uncollected tax refunds. Bill Radke talks to Los Angeles Congressman Brad Sherman, who explains how he's using his Web site to make his constituents aware of what they may be owed.
0
A little stress over bank test results
The Obama administration wants to be open about the health of the nation's 19 largest financial institutions. But how does it reveal information about low-scoring banks without prompting runs on them? Dan Grech reports.
0
Do taxes, or procrastinate on Twitter?
OK, we know you've been meaning to get your taxes done, but it's deadline day and you're crunching. If you're still putting it off, we found some fellow procrastinators for you to commiserate with on Twitter.
0
Are data points pointing the way out?
Is more information on the markets helpful overall? Steve Chiotakis talks to Henry Blodgett, editor of Clusterstock.com, who says more data is a good thing -- as long as you're not using it to delude yourself about the recession.
3
Bedbugs are back and biting
An invasion of bedbugs has returned to the U.S. after being eradicated over 50 years ago. The EPA is trying to get rid of the pest again, but it's slippery. Joel Rose reports that patience will be key.
1
UBS struggles to save strong brand
Swiss banking giant UBS announced more substantial losses and thousands of job cuts, many of which are in the U.S. The bank is making radical moves in order to preserve its franchise. Stephen Beard reports.
0
Gannett doing what it can to stay alive
Gannett releases earnings tomorrow, and the nation's largest newspaper company is doing what it can to survive changing times for the news business. Consolidating some small papers has been one option. Jennifer Collins reports.
0
eBay could benefit from Skype IPO
Today eBay says it plans to spin off Skype through an IPO. Although it's enjoyed healthy profits, eBay has struggled to include Skype in its business model. Steve Chiotakis talks to Marketplace's Stephen Beard.
0
Chrysler tries to prepare for Fiat deal
Chrysler has 16 days to make a deal with Italian automaker Fiat at the risk of losing government money and returning to bankruptcy court. First priority for Chrysler: paying back banks and hedge funds. Jeremy Hobson reports.
5
Demand is the problem, not lending
Treasury Secretary Tim Geithner believes the only way to rescue the economy is to get the big banks to lend money again. But commentator Robert Reich says the big issue is the continued lack of enough demand in the economy.
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