Marketplace Morning Report for Wednesday, August 25, 2010

Episode Description 
Marketplace Morning Report for Wednesday, August 25, 2010

Mortgage mod. helps with re-defaults

A new report from state banking regulators says homeowners who got recent mortgage modifications are less likely to wind up back in default. Reporter Amy Scott talks about how it might affect the housing market with Steve Chiotakis.
Posted In: Housing

A look at housing's impact on stocks

Richard DeKaser, president of Woodley Park Research, talks with Bob Moon about why the latest housing numbers have hit the stock market so hard.

Credit balances lower in 2nd quarter

The latest data from consumer credit reporting agency TransUnion shows the amount of money people owe on credit cards in the second quarter dropped to the lowest level in 8 years. How? Temple University Professor William Dunkleberg talks the details with Steve Chiotakis.
Posted In: Credit Cards

SEC rule may change board influence

The Securities and Exchange Commission is likely to adopt a new rule to make it easier for some stockholders to replace directors on corporate boards. Supporters say it will improve the way companies are run. John Dimsdale reports not everyone sees it that way.
Posted In: Law

New rules may help India watch NGOs

A recent Indian government survey found more than 3 million nongovernmental organizations are registered in the country. That's one NGO for every 400 Indians. While the government appreciates the help, it says that might too many. Raymond Thibodeaux reports from New Delhi.

Ireland's credit rating downgraded

It will be harder for Ireland to borrow money after the S&P downgraded the country's credit rating. The move throws into question Ireland's struggling economic recovery and again exposes the catch-22 faced by European countries.

Bob Dylan concert tickets: Cash only

Bob Dylan will play in San Francisco at the city's Warfield Theater. If you missed the online rush, it's because there wasn't one. Tickets are only on sale today at the 2,500 seat theater. Just one $60 ticket per person. And you have to pay with cash. April Dembosky reports.
Posted In: Entertainment

The problems stirred up by coffee cups

Did you have a cup of coffee this morning? Coffee is big business for a number of companies, but the beverage has created some complicated recycling issues and raised environmental questions as well. Sustainability reporter Adriene Hill talks with Steve Chiotakis about problems with paper coffee cups.
Posted In: Food

Keeping Chile's trapped miners alive

Thirty-three miners trapped a half-mile underground for nearly three weeks have not been told how much longer they'll likely be stuck. But government reports say the ordeal could last several months. The BBC's reporter in Chile, Gideon Long, talks with Bob Moon about what he saw when he visited the mine recently and the Chilean mining industry.

A pile-up of voluntary car recalls

It seems you can't go more than a few weeks without seeing another car recall in the headlines. Just last week, Mazda told consumers it would fix more than half a million cars for steering problems in a voluntary recall. The key word there is voluntary. Amy Scott reports.
Posted In: Auto

Music from this show

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The Surf Cowboys
Angel Heart
DJ Cam
Food For Thought
Stars All Seem to Weep
Beth Orton

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