Posted by Daryl Paranada
For Marketplace, Thursday, June 23, 2011
The International Energy Agency and White House both announced they’re going to sell off some of their strategic petroleum reserves. We look at how much good that move can do.
Well, looks like debt talks have stalled (at least for now), and the slowing economy may change discussions.
Some international news now. Economy 4.0’s David Brancaccio has a story on how the Arab economic model may be holding economies back. And at the Paris Air Show, Airbus has snagged some very large orders.
In tech news, the Federal Trade Commission is launching an anti-trust probe over Google ads.
Finally, Best Buy is looking to shrink through subleasing parts of its existing stores. And though the big-box retailer didn’t make 24/7 Wall Street’s list of brands it thinks will disappear in 2012, Soap Opera Digest and Sears did. Kai’s final note goes over which other brands may be bowing out next year.
Here are the songs we played: