02/16/11
Marketplace Morning Report for Wednesday, February 16, 2011
Episode Description:
Marketplace Morning Report for Wednesday, February 16, 2011
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2
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.
4
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.
0
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?
6
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.
1
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.
0
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.
0
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.
0
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.
0
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.
0
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.
0
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.
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