Mid-day Update

PODCAST: Berlusconi might be spared, remembering Joe Frazier

Mary Dooe Nov 8, 2011
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Mid-day Update

PODCAST: Berlusconi might be spared, remembering Joe Frazier

Mary Dooe Nov 8, 2011
HTML EMBED:
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Here are today’s top headlines from the Marketplace Morning Report and from around the web.

Italian Prime Minister Silvio Berlusconi may have just managed to hold on to power today after winning a key parliamentary vote.

There were more jobs advertised in September than at any other time in the last 3 years — sign the job market could be getting better.

Japanese car maker Toyota said profit fell by more than 18 percent in its last quarter.

General Motors today rejected a plan for two Chinese companies to take over Swedish automaker Saab. GM is still a preferred shareholder in Saab.

In Japan, the 92-year-old camera company Olympus admitted it has been covering up losses for decades.

In Scotland, a fireworks company is apologizing for a technical glitch in a display last Friday night. The display was supposed to last 20 minutes but the company accidentally set off all the fireworks at the same time — o it only lasted 50 seconds. There will be a makeup show at the end of this month. Though, I bet the first one was a pretty amazing sight.

A maintenance man in Florida was checking the air ducts at a vacant house when he came across two aluminum foil wrapped packets of cash totaling 20,000. Was it drug money? Nope. Organized crime? Nah ah. Elderly woman hiding her cash? Bingo! The home’s last owner — a widow — had stashed her saved money throughout the house. Her plan was to tell all her kids where the money was, but apparently she missed a spot. And now with news of the big cash find, police are worried greedy people might descend on the home and rip through all the air ducts.

In today’s Mid-day Extra, we take a look at the legacy of Joe Frazier, and how boxing has changed since his heyday.

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