Marketplace Morning Report for Wednesday, May 9, 2012
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Despite holding elections over the weekend, no new government has formed in Greece. That's putting the future of its bailout in jeopardy. Here in the U.S., mortgage delinquencies are down. We look at how banks are faring adopting the mortgage settlement rules. The CEO of Charles Schwab discusses the mindset of today's investors. And unlimited data plans, unlimited airline miles, lifetime subscriptions -- is the all-you-can-eat model not a good one for companies?
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Posted In: Postal Service, U.S. Postal Service, post office
Postmaster General Patrick Donahoe discusses why the Post Office decided to change a plan to shut down hundreds of rural post offices, the new plan he's proposing, and how much money it will save.
Turmoil surrounds Greece as the nation remains without a new government. Profits are up at Disney, Toyota, and Macy's. In housing news, mortgage delinquencies are down. We take a look at how banks are adopting the mortgage settlement rules. The Post Office holds back on more closures. And do you like the all-you-can-eat business model? Well, David Lazarus of the L.A. Times says those plans aren't really good for business.
Posted In: cafe, consumer, consumer behavior
Have you gone to a cafe and found there are no seats left because people are using tables as their work spaces? We speak with Merlyn Griffiths from UNC Greensboro about a study she conducted on this phenomenon.
Posted In: Greece, greek bailout
Though Greece held elections over the weekend, a new government hasn't formed. Nick Malkoutzis with the Greek newspaper Kathimerini discusses the uncertainty surrounding the nation.
Posted In: Greece, greek bailout, Greek debt
Once again investors are focusing on Greece as the nation tries to form a coalition government. It looks like more turmoil is on the horizon.