Posted by Katharine Crnko
For Marketplace Morning Report, Thursday, November 18, 2010
Today’s big news was GM. GM opened shares on the floor of the New York Stock Exchange for the first time since GM filed for bankruptcy in June of last year. Investors we’re lined up around the block, and before the market even opened there was a wait-list. What does this mean for jobs, and will the taxpayers get their bailout back?
The new GM enters the stock exchange today, but it’s just one of many new IPOs coming from formerly private companies.
The deficit-cutting plans being proposed right now are all supposed to help with the nation’s debt. Who else is it helping? The baby boomers, according to Marketplace’s Chris Farrell.
Quantas says as many as 40 Rolls Royce engines in planes around the world may have to be replaced. This could mean years of damages to the company.
Retirement has become a hot topic all over the world recently, the cause of many a protest and strike. So who has been enjoying retirement the longest?
In China prices on consumer goods are rising so fast that even McDonald’s says it’s going to charge more for its food there. How will this affect toy and clothing cost for the holidays?
Here are the songs we played:
- The Tallest Man, the Broadest Shoulders Part I: The Great Frontier Part II: Come to Me Only With Playthings Now — Sufjan Stevens Buy
- Tell Me — Sharon Jones & The Dap-Kings Buy
- La Femme D’argent — Air Buy
- Beautiful, Dirty, Rich — Lady Gaga Buy
- Flashing Lights (Kanye West Tribute) — Mixmaster Throwback Buy
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