Marketplace Morning Report for Tuesday, July 6, 2010

Segments From This Episode

• Regulators want airlines to cut back on bumped passengers

  by Eve Troeh

  The Department of Transportation wants to crack down on the practice of bumping passengers to later flights by bumping up the airlines' fee.

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• Postal Service moves forward on rate hikes, eliminating Saturday service

  by Stacey Vanek Smith and Nancy Marshall-Genzer

  

  The U.S. Postal Service meets today to discuss going forward with a rate increase and the elimination of Saturday deliveries.

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• Israel’s troubles don’t seem to hurt economy

  by Marketplace Staff

  In a country where political and emotional tensions run high, the economy seems to be doing just fine.

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• U.K. draws up contingency plans for BP collapse

  The British government has been preparing for a worst-case scenario over increasing concern that oil giant BP could collapse.

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• Get your degree in gelato-making

  by Megan Williams

  Gelato University in Bologna, Italy attracts hundreds of international students every year that come to study how to produce and prepare gelato.

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• Sumo won’t be broadcast amidst gambling scandal

  by Roland Buerk

  Japanese broadcasters are refusing to air the big sumo Nagoya tournament because the sport has been corrupted by illegal gambling.

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• Globalist Quiz: Major budget adjustment

  by Marketplace Contributor

  Stephen Richter of TheGlobalist.com asks which of these economies will have to adjust its budget the most to get back to a sustainable debt level: Italy, Spain, the U.K. or the U.S.?

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• BP cleanup falls significantly short of what was promised regulators

  by Steve Chiotakis

  Before the catastrophic Gulf of Mexico oil spill, BP assured federal regulators it could clean up nearly half a million gallons of oil a day. So far, it's succeeding in meeting little more than half that amount.

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