Marketplace Morning Report for Friday, July 23, 2010

Segments From This Episode

• Twitter to open data center in Utah hoping Fail Whale won’t follow

  by Marketplace Staff

  Twitter is making an attempt to put the Fail Whale to rest by building its own data center.

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• Senate Democrats switch focus off climate change bill

  by John Dimsdale

  Senate Democrats have given up on passing a major climate change bill this summer in favor of more popular items, like oil spill regulation.

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• VIDEO: No summer break for bad credit

  by Bill Radke

  This week: Killer earnings, Bad credit's not turning, climate issues still burning, and don't sit under a coconut tree.

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• Europe’s stress test ignoring default scenario

  by Christopher Werth

  Regulators in London will give a grade to more than 90 banks in Europe. But critics say the stress tests ignore a eurozone restructuring/default scenario.

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• New for-profit college loan rules consider students’ earning potential

  by Amy Scott

  The Department of Education is proposing some controversial new rules for for-profit colleges. The industry's been under attack for heavy student debt loads.

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• Kindle isn’t kind to poetry

  by Bill Radke

  Former U.S. poet laureate Billy Collins talks to Bill Radke about why electronic reading devices aren't well-suited to poetry.

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• Umemployment could stay this high for a decade

  by Steve Chiotakis

  Former Labor Secretary Robert Reich gives a forecast for unemployment and denotes what a healthy level of unemployment should look like.

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• Parting shots with Scott Tong

  by Marketplace Staff

  Steve Chiotakis talks to Scott Tong, Marketplace's outgoing China correspondent who will be reporting from Washington D.C. soon, about his final thoughts on the country he covered for 3.5 years.

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