11/17/10
Marketplace Morning Report for Wednesday, November 17, 2010
Episode Description:
Marketplace Morning Report for Wednesday, November 17, 2010
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Independent commission proposes new plan for budget deficit
The independent Bipartisan Policy Commission, made of former members of Congress and prominent budget experts, announced today its proposal to reduce the federal budget deficit. John Dimsdale spoke to its co-chairs in an exclusive interview.
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Obstacles facing virtual Mexican border fence
Almost five years ago, Boeing won the chance to build a virtual fence along the U.S.-Mexico border. It's known as SBInet, and it should have been finished by now. The Department of Homeland Security now says it's reevaluating the program. David Gura reports.
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Britain to introduce 'happiness index'
Happiness -- being subjective and all -- isn't the easiest thing to measure. But Britain is about to try. The nation announced it will execute a happiness index, asking citizens about their well-being, to be released alongside other economic indices. Economy 4.0's David Brancaccio talks about the details.
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States to set up fund for foreclosure victims similar to BP's
Lenders are in negotiations with states to set up a fund similar to the one for victims of the BP oil spill. This one would be for people who can prove they lost their home in a foreclosure that shouldn't have happened. Richard DeKaser explains.
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London prepares for a royal wedding
Prince William and his future bride, Kate Middleton will sit down with royal advisers to begin planning their wedding next year. But many Brits are already wondering how much it's going to cost and whether it's appropriate in a time of austerity.
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Commercial Aircraft Corporation will deliver 100 jetliners
A Chinese airplane company has announced it'll deliver 100 orders for commercial jetliners. The Commercial Aircraft Corporation is trying to beat out Boeing's popular 737 and the Airbus A320 for the skyrocketing air travel market in China. Rob Schmitz explains.
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FourLoko makers plan to remove caffeine
The maker of the popular caffeinated alcohol drink FourLoko says it will be taking the caffeine out of its beverages, preempting an expected move by the FDA to ban drinks that blend alcohol and caffeine. Stacey Vanek-Smith has more.
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The Senate looks at a bill to update the Equal Pay Act of 196
The Senate will take up a bill making sure men and women receive the same pay for the same work. Some see it as a needed update to the Equal Pay Act of 1963, other think it will be a burden on businesses. U.S. Labor Secretary Hilda Solis explains.
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