Marketplace Morning Report for Wednesday, October 10, 2012
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The new ABC drama "Nashville" is shot in and around the Tennessee city, and local tourism officials are basking in the TV spotlight. American Airlines could face continued business fallout even as CEO apologizes to passengers for delays and talks resume with pilots. Higher production could make Iraq the world's second-largest oil exporter. Most of the added oil won't go to the U.S., but to countries helping Iraq rebuild its oil facilities and basic infrastructure.
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Global markets are digesting the fact that the head of China's central bank will be a no-show at this week's meeting of the IMF. Toyota is recalling 7.4 million cars around the world. The Red Cross is getting involved in the European Debt Crisis -- the organization is asking for donations to help the poor in Spain.
Posted In: Toyota, car recalls, Auto
There haven't been any reported safety issues over the power window switch problems, but Toyota isn't taking any chances with this recall.
Posted In: Supreme Court, affirmative action
The Supreme Court's review of racial preferences in college admissions won't invalidate racial considerations in hiring.