Marketplace Morning Report for Wednesday, July 21, 2010

Episode Description 
Marketplace Morning Report for Wednesday, July 21, 2010

How will BP's asset sales affect the company?

Steve Chiotakis talks to the BBC's Rebecca Singer about what BP's sales of some of its assets means for the company.

Tips on how to leave tips

A tough economy isn't an excuse to shirk on tipping when you eat out. L.A. Times business columnist David Lazarus explains the rules for proper restaurant tipping.
Posted In: Food

Blu-Ray gives re-release opportunities for vintage titles

Blu-Ray is taking over classic titles in a move that's providing a golden opportunity for movie studios.
Posted In: Entertainment

Medfly discovery threatens Florida agriculture

Florida agriculture authorities say they've found 57 Mediterranean fruit flies, an invasive species that threatens 250 different vegetables, fruits, and nuts and can do damage to the state's $100 billion agricultural industry.
Posted In: Agriculture

BP selling assets at a disadvantage to offset Gulf clean-up costs

BP is selling some of its assets to pay Gulf spill clean-up costs at a speed surprising analysts.
Posted In: Investing, Oil

U.S. banks paying bulk of U.K. banker bonus tax

A tax introduced in the U.K. last year to curb the size of bankers' bonuses is creating a windfall for the British government -- and U.S. banks are paying the bulk of it.
Posted In: Banks

Bernanke's options to rev up economy are limited

Fed Reserve Chairman Ben Bernanke testifies before Congress today about his plans to revive the economy. But he might not have much new data to share.
Posted In: Banks

Tax-free Steinbrenner death reignites Senate push for millionaire estate tax

The tax-free death of billionaire New York Yankees owner George Steinbrenner has cast more visibility on the year-long quirk in the U.S. tax code.
Posted In: Taxes