Playlist: Shutdown and Myspace
Posted by Katharine Crnko
For Marketplace Morning Report, Wednesday April 6, 2011
Here are today's headlines from the Marketplace Morning Report and from around the web.
You know what else is up? TV ratings for Spanish language TV here in the U.S. Univision edged out NBC last week in the race for viewers. It was the second time in four weeks that Univision beat one of the big four U.S. networks.
News from tech world this morning -- Myspace is accepting bids. Anyone who wants to buy the social network can have a look at the books. News Corporation bought Myspace for $580 million back in 2005. I'm betting the price will be a bit lower today. Just a guess. Here's Marketplace's coverage.
And finally I've got a money saving tip for you, courtesy of Consumer Reports. They tested out 14 dish soaps from the $2.10 Ajax right up to the $15 bottle called "the Laundress" And found that they all worked equally well at cleaning dishes. Consumer Reports says it is now safe to buy dish soap based on price. How nice.
Investor Service Moody's says it could downgrade Toyota's credit rating because of production disruptions in Japan.
Satellite TV provider Dish Network won a bankruptcy auction for video rental chain Blockbuster.
The latest data on mortgage applications come out in just a few minutes. The last few weeks have seen fewer people applying for loans. That's despite lower home prices and a slew of homes -- including foreclosures on the market.
Gold is seen as a hedge against inflation and the latest rise in price follows yesterday's move by the Bank of China. The bank raised interest rates for the fourth time in less than six months to fight inflation.
You can read the rest of today's stories from the Marketplace Morning Report here.
Here are the songs we played: