Marketplace Morning Report for Wednesday, May 18, 2011

Episode Description 
Marketplace Morning Report for Wednesday, May 18, 2011

Staples profit up 5% but short of estimates

The office-products retailer announced first-quarter earnings rose 5 percent this morning -- just shy of Wall Streets predictions.
Posted In: Retail

Flooding stifles shipping on the Mississippi River

As waters inch closer to the tops of the Mississippi River levees, shipping traffic has slowed, hindering commerce in the southeast.

South Africans vote for housing, clean water

Citizens of South Africa are voting today in local elections. These elections are expected to come down over issues of poverty, and not the traditional issue of race.

Geithner calls for new leadership at the IMF

The U.S. treasury secretary has said that the International Monetary Fund needs to find an interim replacement for Dominique Strauss-Kahn. But who should that be?

U.S. companies rush to borrow

With interest rates set to rise once the Federal Reserve ends its easy monetary policy, companies are racing to borrow money in the corporate bond market.
Posted In: Banks

U.S. visas are hard to get

Travel and tourism companies say many more business people from China, Brazil and India would visit the U.S., but bureaucratic hurdles prevent that.
Posted In: Travel

The changing landscape of the auto industry

In the past decade, changes in technology and materials in the auto industry have led to a shift in the kinds of jobs available in the sector.
Posted In: Auto

High gas prices attract lawmakers' attention

Senate Democrats want the Federal Trade Commission to investigate whether the oil industry is fixing gas prices.
Posted In: Oil

Traditional delis battle rising food costs

Rising food and labor costs are having their effect on the traditional deli, and your pastrami sandwich.
Posted In: Food

Music from this show

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Class System featuring Pharrell Williams & Julee Cruise
Handsome Boy Modeling School
The Blow
The Devil, You & Me
The Notwist
Cornflake Girl
Tori Amos

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