Marketplace for Thursday, September 2, 2010

Episode Description 
Marketplace for Thursday, September 2, 2010

UPDATE: No oil in water after rig explosion

Marketplace's Eve Troeh gives an update about this morning's explosion on an oil rig off the Louisiana coast. No oily sheen on the waters, as previously reported by the Coast Guard, but the incident may hurt Louisiana's push for the White House to lift its Gulf deepwater drilling moratorium.

Burger King going private, again

Burger King is going private for the second time in eight years. Being a private company may give time for the company to rejuvenate the brand, or the new investors can just borrow and not invest money into the company, like the last time.
Posted In: Mergers and Acquisitions

Strawberry Shortcake's trendy new look

Strawberry Shortcake at 30 now sports a cute miniskirt and plays rock guitar. No more dowdy pinafore for her -- but reporter Sally Herships misses the Strawberry Shortcake of her childhood.
Posted In: Retail

The business of estimating risk

Kai Ryssdal talks to Bill Keogh, senior vice president of catastrophe risk modeling firm EQECAT, about how the firm estimates damages.
Posted In: Environment

A lot of firing, not enough hiring

New York Times columnist David Leonhardt says that the lack of hiring is the bigger problem in today's economy, more so than the number of layoffs.
Posted In: Jobs

'The trillion dollar gap' in pension funds

Regardless of economic climate, government offices continue to pay pensions. But the Great Recession is making governments re-think future employee pensions and how to deal with the pensions they're currently doling out.
Posted In: Retirement

Hertz, Avis offer big bucks for Dollar Thrifty

The travel industry was hit hard by the recession. But rental car companies Hertz and Avis are putting up a fight for another rental company Dollar Thrifty.
Posted In: Auto, Mergers and Acquisitions

Banks must be able to fail, Bernanke says

Federal Reserve Chairman Ben Bernanke told a panel investigating the financial crisis that there should be a process to allow banks, too big and otherwise, to fail. Critics are skeptic such an idea will actually happen.
Posted In: Economy

Music from this show

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Deliver Me
Tom Petty
Deliver Me
Tom Petty
Ooh La La
Faces