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Marketplace Morning Report for Wednesday, June 30, 2010

Episode Description 
Marketplace Morning Report for Wednesday, June 30, 2010

Lawmakers drop bank tax from reform

It's still the biggest overhaul of the financial system since the Great Depression. But it won't be paid by a $19 billion tax on big financial institutions. Jeremy Hobson reports from New York.
Posted In: Wall Street

EPA gets tough on Texas for air quality

The Environmental Protection Agency doesn't think Texas is doing enough to keep its air clean. So the agency is expected to tell the state that the federal government is taking over air quality permitting for about 39 plants. Ben Philpott reports.

How the GPS upgrade may affect you

GPS is used by everyone from stock traders time-stamping trades to farmers driving remote-controlled tractors. Now the GPS satellite system is getting an upgrade promising increased coverage, stability, and accuracy. Sally Herships reports.
Posted In: Airlines, Travel

Big competition for low-end Indian jobs

Despite India's growth spurt, there are still too few jobs for the country's 450-million strong workforce. At the lower end of the country's job spectrum, competition for jobs is tough, especially after India shed 10 million jobs last year. Raymond Thibodeaux reports.

Agricultural Bank of China to go public

Global investors are getting their first look at what's expected to be the world's largest stock offering: the Agricultural Bank of China plans to list on the Chinese exchanges next month.

ECB's bank funding boosts euro, stocks

Europe correspondent Stephen Beard talks with Steve Chiotakis about the European Central Bank's latest move to fund 171 banks in Europe.

Private sector adds few jobs in June

Richard DeKaser, president of Woodley Park Research, talks with Bill Radke about the latest private jobs report, and whether it's an ominous sign.
Posted In: Jobs

Complex trading is just like gambling

Hillary A. Sale, law and business professor at Washington University, talks with Steve Chiotakis about whether it's difficult to prosecute derivatives trading and what she's watching closely about cases coming down the pike.

The challenges facing credit unions

Many people think credit unions are safer than banks. But they are not immune to the recession and some have been taken-over by regulators. Last weekend, the feds seized a large credit union in southern California. Jeff Tyler reports.
Posted In: Investing

Music from this show

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Olympic Airways
Foals
Pink Cloud Tracing Paper
Asobi Seksu
I'm Not Gonna Teach Your Boyfriend How To Dance With You (Album Version) [Clean]
Black Kids