Marketplace Morning Report for Wednesday, August 12, 2009

Episode Description 
Marketplace Morning Report for Wednesday, August 12, 2009

U.S. victory in trade dispute with China

Charles Freeman, former U.S. trade representative for China, talks with Bill Radke about the World Trade Organization's ruling that China's limits on the sale of various media violates commerce rules.
Posted In: Retail

UBS, U.S. come to deal over tax lawsuit

Reporter Tamara Keith talks with Steve Chiotakis about the agreement that the U.S. government has made with Swiss bank UBS over their tax evasion dispute.

What the Fed's decisions mean for us

The Federal Open Market Committee is wrapping up its meeting, and the Fed is expected to keep its key interest right where it is. Tamara Keith talks with Steve Chiotakis about how this all affects us.
Posted In: Economy

What's biting Nestle's profits

Nestle, the world's largest food and drink company, is reporting a more than 2 percent drop in profit, its first decline in six years. Why? Christopher Werth reports.
Posted In: Food

Why the trade deficit is growing

The U.S. June trade deficit rose 4% in June to $27 billion, and the cost of what we imported increased for the first time in almost a year. Alisa Roth explains why.
Posted In: Oil

Cleveland summit aims for green jobs

The city of Cleveland will try and organize itself as a center for green jobs at a sustainability summit. Dan Bobkoff reports.
Posted In: Jobs

Farmers face big losses due to weeds

Data from the U.N. Food and Agriculture Organization says farmers worldwide face huge losses from weed infestation. Mitchell Hartman reports.
Posted In: Food

Madoff's right-hand man reveals details

Bernard Madoff's former chief financial officer pleaded guilty to federal charges after months of secretly working with the FBI. Tamara Keith reports on what he revealed.
Posted In: Crime

Impact of China arresting Rio workers

Four employees of global mining giant Rio Tinto have been arrested and taken into custody for stealing commercial secrets and bribery. Reporter Scott Tong talks with Steve Chiotakis about who was arrested, and how big a deal it is.
Posted In: Crime

More people moonlighting to pay bills

One in 10 Americans took a second job last year, and that number is expected to double this year as moonlighting becomes a way of life in this economy. Lenora Chu reports.
Posted In: Jobs

Music from this show

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First / Last [Explicit]
Dujeous
Wherever You Go
Built To Spill
We Are (Instrumental)
Anwarrior
Rich
Yeah Yeah Yeahs