A big chunk of private-sector infrastructure opens at New York’s JFK airport today. It's the new Delta Airlines terminal, with its $1.6 billion worth of lounge area, gates, and services. Delta’s Chief Executive Officer, Richard Anderson, joins Marketplace Morning Report to discuss the industry, mergers, passenger fees, and why Delta thinks its about to have its most profitable year ever. And California has unveiled the prices of health insurance to be sold on a state-run exchange starting next year. The exchange is designed to give more people access to insurance, but there's still an affordability issue.
After an electrifying run over the past several weeks, stock markets around the world are down this morning. Ford Motor Company is calling it quits in Australia. The U.S. automaker says it will shut down its two factories down under and halt production in 2016. And for pro athletes, sometimes the biggest challenge is financial success and the family pressure that comes with it.
Beijing is adding more than 50 miles of subway track by the end of next year, but will it really combat traffic, carbon dioxide and other pollution? After 10 years, how has Medicare Part D impacted the pharmaceutical industry? And, the country's most powerful banker gets to stay on as both CEO and Chairman at JPMorgan Chase. We talk to a shareholder that cast a vote.
Apple CEO Tim Cook tries to answer the $1.7 trillion question: How does the U.S. get corporations to repatriate their overseas profits? Microsoft unveils their new Xbox, and all it has to do is catch up with the last eight years of digital devices. Before 9/11, many local TV broadcasters transmitted from the World Trade Center. Now, they are being wooed by the Freedom Tower, but there's competition from other skyscrapers.
Things have been electric on the Japanese stock market recently, but the country is in need of energy and is hunting for it in innovative ways. Gold, a precious metal that was once seen as a durable hedge against the recession, has had a lousy spring. And a solar powered plane continues its cross-country flight.
A probe by the European Commission into possible manipulation of oil prices has just gotten bigger. Finland's only refiner has also been asked to help with the investigation. And, with an aging population in the U.S., a look at the cost of an older person taking a fall.