Marketplace Morning Report for Wednesday, September 8, 2010
Posted In: Internet
Seems like just about everyday there's another story about how the Internet has reshaped business or how some iPhone app has put some poor mom-and-pop out of their jobs. Porter Bibb at Mediatech Capital Partners spent a lot of his career in old media, and talks with Jeremy Hobson about the impact the Internet has had.
Consumers in Mozambique are celebrating after their government said it would cancel a scheduled price increase for rolls of bread. That initial announcement led to riots. Reporter Gretchen Wilson talks with Steve Chiotakis about why this is a big deal for the southern African nation and whether the demonstrations could start again.
By some estimates, nearly 1 in 10 homes will have e-readers by the end of the year. But as the e-reader market heats up, what's better for the environment: good old regular books or electronic readers? Adriene Hill reports.
People may be cutting back in a lot of areas, but political spending isn't one of them. Congressional and gubernatorial candidates are setting fundraising records this year. Corporate America is certainly giving its share, but not in a straightforward way. Stacey Vanek-Smith explains.
Posted In: Oil
BP has released an internal report that says multiple companies and people are to blame for the Gulf of Mexico oil leak. Europe correspondent Stephen Beard talks with Jeremy Hobson about what is in the report and whether the company's outlook has changed.
Posted In: Oil, Taxes
To pay for some of President Obama's economic ideas -- like more roads and rails -- some tax breaks may be eliminated. Specifically, some deductions that oil and gas companies currently enjoy that allow them to lower their tax bills. Scott Tong reports.
The European Union continues to divide over plans to tax the banks. The bank tax is supposed to curb financial risk-taking and help prevent a future financial crisis. But there are a number of perspectives.