Marketplace Morning Report for Wednesday, February 16, 2011

Episode Description 
Marketplace Morning Report for Wednesday, February 16, 2011

Needing a job to get a job

Some job listings these days specify that only employed workers need apply. It can be a frustrating situation for the long-term unemployed.
Posted In: Jobs

Rising food prices not expected to largely affect U.S. consumers

Food is getting more expensive worldwide, but economists predict rising prices won't largely affect American life.
Posted In: Food

Higher price of cotton has designers looking for alternatives

As pure cotton increasingly becomes a luxury fabric, clothing designers experiment with new blends and substitutes. Interested in a dress made from recycled swimsuits?
Posted In: Retail

How to avoid online credit card fraud

David Lazarus of the Los Angeles Times discusses why online credit card fraud is becoming a big problem, and how to best guard yourself from it.
Posted In: Credit Cards

Wholesale prices rise nearly 1 percent in January

Higher fuel and food costs pushed up wholesale prices last month. Steve Chiotakis speaks with analyst Peter Cohan this morning to get more information on these numbers.
Posted In: Retail

Borders files for bankruptcy

Borders Group, the second largest bookseller in the country, has turned the page into Chapter 11 bankruptcy today. The company announced its plans to close almost 200 stores and drastically cut its staff. Eve Troeh reports.
Posted In: Retail

Richard DeKaser: Inflation affects food and gasoline prices

Jeremy Hobson speaks to Richard DeKaser, economist at the Parthenon Group, about today's inflation numbers from the U.S. Labor Department.
Posted In: Banks, Retail

U.S. core producer prices hit 2 year high

The U.S. Labor Department announced today that the producer price index rose more the 3.5 percent over the past year. Consumers are already feeling the jump in energy prices at the pump, as David Wyss explains.
Posted In: Retail

How to manage U.K.'s rising inflation

The Bank of England will announce its outlook for U.K. growth and inflation today. Amid cost-of-living concerns, the central bank faces a tough decision: Is the economic recovery strong enough to handle an increase in interest rates in order to curb inflation? Christopher Werth has more.
Posted In: Banks

Sanofi-Aventis to pay more than $20 bil. for Genzyme

French pharmaceutical company Sanofi-Aventis will pay more than $20.1 billion for U.S. biotech firm Genzyme. Sanofi will pay $74 per Genzyme share once the deal closes in the second quarter of 2011.
Posted In: Health, Mergers and Acquisitions, Science

Pharma deal: French Sanofi-Aventis to buy U.S. Genzyme

Wednesday brought an end to the long-awaited deal between French pharmaceutical company Sanofi-Aventis and the U.S. biotech firm Genzyme. Sanofi will buy Genzyme for at least $20.1 billion. But the number could go higher if Genzym's drugs-in-development succeed when they go to market, as Eve Troeh explains.
Posted In: Health, Mergers and Acquisitions, Science

Music from this show

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Designated Wizard Practice Area
Belbury Poly
Fast As You Can (Album Version)
Fiona Apple
A Million Times
Ms. John Soda
Oblivion And Points Beyond

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