Marketplace Morning Report for Wednesday, January 4, 2012

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With the Iowa caucuses over and President Obama beginning his campaign, Jeff Tyler looks at whether labor unions with be a campaign issue in 2012. Auto makers in the U.S. are optimistic for car sales in the upcoming year. A mild winter means cash-strapped governments save money, but lack of snow can be costly for others.

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PODCAST: New blood at Yahoo!, Consumer Financial Protection Bureau

Today was a day of new directions for Internet giant Yahoo!, which named a new CEO. And President Obama is expected to appoint a new top cop for protecting consumers. Meanwhile today, the low-calorie, natural sweetener Stevia got the green light to be sold in Europe; Italy said it will allow 24-hour businesses; U.S. car sales look good in 2012; and more headlines from the GOP campaign trail.
Posted In: podcast
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Minimal snow in Midwest means big savings, headaches

A mild winter means cash-strapped governments save money. But lack of snow can be costly for others.
Posted In: weather, midwest, snow
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Popular candidates in Iowa can’t count on donations

Rick Santorum is the latest GOP candidate to face the problem of increasing popularity without an increase in political dollars.
Posted In: 2012 election
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Resurgent labor unions in Ohio could tip presidential race

Supporters and foes of collective bargaining rights will spend big on the presidential race in Ohio. Labor unions claim the issue has rallied their members.
Posted In: unions, collective bargaining rights, Ohio
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Shiny outlook for U.S. car sales in 2012

As automakers report December sales, several industry analysts predict sales growth of one million new cars this year, to nearly 14 million.
Posted In: Auto, car sales
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Demand for German bonds remains strong

The hard economic times in Europe have actually been a good thing for Germany, which can still borrow at low rates and benefit in export markets.
Posted In: Germany, bonds
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Chinese company to invest in U.S. oil drilling

Sinopec will spend billions of dollars on a partnership to drill for natural gas in Ohio. The company is hoping to gain the needed expertise to grow the fracking industry in China.
Posted In: fracking, Oil, China
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U.S. spending on Afghanistan and the United Nations

In this week's quiz, Stephan Richter shows us how U.S. spending in Afghanistan stacks up against American spending for the United Nations.
Posted In: afghanistan, United Nations, government spending
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Stevia braces for a sweeter year in U.S., Europe

The low-calorie, natural sweetener Stevia is set to show up in more drinks and desserts this year. Its market share grew in the U.S. last year, and now the European Union will also allow its sale.
Posted In: stevia, sugar, Food
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Italy allows businesses to open for 24 hours

In an effort to boost the economy, Mario Monti announced that Italian businesses can now stay open at all hours. That has some Italian shopkeepers worried.
Posted In: italy, business
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Yahoo names former PayPal head as new CEO

Yahoo has a new CEO -- Scott Thompson -- current head of eBay's online payment system, PayPal. Thompson replaces Carol Bartz, who was fired from Yahoo in September.
Posted In: Yahoo, ceo
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Yahoo's new CEO could shake up company

Yahoo has named Scott Thompson, formerly of PayPal, as its new CEO. Will his skills transfer to the Internet giant?
Posted In: technology, Yahoo, ceo
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Kodak could get kicked off NYSE

Kodak's gotten a warning from the New York Stock Exchange that it will get booted off the big board if it can't boost its average stock price above a dollar a share.
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Obama appoints new head of CFPB

The president plans to use a recess appointment to name Richard Cordray as head of the Consumer Financial Protection Bureau.
Posted In: politics, Barack Obama, CFPB, Richard Cordray
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Mid-day Extra: In-flight wi-fi isn't so popular

Only a small percent of airline passengers log on to the internet in-flight despite a growing number of airlines and private services
Posted In: wi-fi, Airlines, Internet

Music from this show

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Neu Chicago
Clive Tanaka Y Su Orquesta
Super Mario Bros. (Album Version)
The Vignola Collective
Germany to Germany
Tower Seven
Thievery Corporation

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