Marketplace Morning Report for Wednesday, November 9, 2011

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Episode Description 
Italy's borrowing rates climb over 7 percent, and it looks increasingly likely that a technocratic government might need to step in at the end of Silvio Berlusconi's leadership. Italy is also facing another crisis: a shortage of white truffles. A Senate panel looks at the best way to improve transportation infrastructure in the U.S., and the FCC will announce a deal to bring low-cost computers and Internet connections to low-income households.

Major container shipping line posts big losses

The world's biggest container shipping company, Maersk, posted big losses in the last quarter, and that might not bode well for the economy at large.
Posted In: Transportation

Berlusconi's eventual departure cheers Italians, but not markets

Today in Italy, citizens are generally happy about the idea that Berlusconi will soon be gone from power. But it isn't fast enough to save the markets.

FCC announces $4 billlion to bring Internet to low-income families

The Federal Communications Commission is announcing a $4 billion plan today to help bring cable and computer companies together to provide low-cost Internet connections.

Josh Brown: Italy too big not to be bailed out

We speak to Josh Brown of Fusion Analytics about Italy passing the 7 percent mark on its bond yields, and what that could mean in the coming months.

Senate panel debates transportation spending

Members of the Senate today will discuss how to improve the country's infrastructure, and how we can go about funding the changes.
Posted In: Transportation

Italian bond yields reach 7%, increasing worries in Europe

With the cost of borrowing hitting record highs in Italy, banks, pension funds and insurance companies worry about the repercussions.

Cost of borrowing in Italy hits record high

Markets are worried as the cost of borrowing in Italy heads over 7 percent, even after plans for Silvio Berlusconi to step down.

Lagarde speaks in China, warns of a 'lost decade'

The head of the IMF, Christine Legarde, thinks the world economy is on the verge of a 'lost decade,' and is turning to the Chinese to help prevent it.
Posted In: China

Why insurance companies want the individual mandate

The individual mandate that would require all Americans buy health insurance is one of the heated issues coming to the Supreme Court as it considers the constitutionality of Obamacare.
Posted In: Health

Italy's other crisis: White truffle shortage

A dry summer has hurt the white truffle harvest in Italy, leaving an impact on the usually lucrative market.
Posted In: Agriculture

Retailers introduce interactive 'shopping walls'

Stores like Sears and Wal-Mart are debuting walls where shoppers can scan QR codes and make purchases with their phones.
Posted In: Retail

Pros and cons of a technocratic government

With elected officials in the eurozone failing to fix their countries' problems, technocratic governments may rise to take over. But there are downsides in allowing the technical experts to come in.

Mid-day Extra: Are brands politically neutral?

As Election Day results come pouring in, we look at one study that shows how Republicans and Democrats differ in their brand preferences.
Posted In: Republicans, Democrats, branding

Music from this show

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Paper Trail
Hard Dream
The Colossus
Rolling With A Planet/Rolling With A Dub
Ari Roze

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