Marketplace Morning Report for Thursday, June 3, 2010

Segments From This Episode

• Ford ends Mercury to focus on other brands

  by Alisa Roth

  Ford is eliminating the 72-year-old Mercury to work on its Lincoln and Ford models.

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• Convenience stores want debit fee reform

  by Marketplace Staff

  Convenience stores are backing a Senate bill that wants to lower the fees card companies charge stores to swipe.

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• BP returns to ‘top hat’, weighs unconventional methods

  BP is trying its 'top hat' method again and sussing through over 38,000 unconventional ideas for plugging the Gulf oil leak.

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• Developers still appreciate apps, despite complaints

  by Marketplace Staff

  Apps will be the focal point of Apple's World Wide Developers conference this Monday, and some developers are struggling with the technology.

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• J.P. Morgan fined $49 million for mixing client money

  by Steve Chiotakis

  A British regulator fines the firm for adding client money to its own cash pool.

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• World Cup pushes out South Africa’s poor

  by Gretchen Wilson

  South Africa has spent more than $2 billion on infrastructure to get ready for the World Cup. But critics say a lot of the money is pushing aside the poor.

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• Will private sector jobs keep growing?

  by Chris Farrell and Stacey Vanek Smith

  

  Private sector paychecks have fallen to their lowest level ever, compared to government paychecks.

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