Merrill Lynch turned in its first quarterly loss in six years, and the write-downs are a few billion dollars larger than expected. Jeremy Hobson reports big bets on mortgage-related securities are partially to blame.
While the U.S. economy struggles to maintain its composure after the mortgage crisis, some companies find they can use it to their benefit. Dan Grech looks at a fast-growing company on the other side of the debacle.
Congress wants to prevent inflated natural gas prices from investment manipulation, along the lines of what happened with hedge-fund Amaranth. But some say the government shouldn't have to look so closely over investors' shoulders. Amy Scott reports.
The Colorado Rockies want to commemorate entry into the World Series by trademarking the month of "Rocktober" But the word is a valued marketing pun with several classic rock stations. Rico Gagliano has more.
Marketplace Morning Report®, hosted by David Brancaccio, kicks your weekday off right. Now a regular segment on NPR’s Morning Edition®, it’s a dash of news to go with that first cup of coffee. Get a global perspective on what’s making the business news headlines, airing up to five times each morning.