Marketplace Morning Report for Thursday, July 29, 2010

Segments From This Episode

• Home foreclosures up in first half of the year

  by Marketplace Contributor

  In RealtyTrac's mid-year report, the real estate data company says the U.S. housing market is in for a long, painful recovery.

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• Federal panel will decide where to hear BP cases

  by Marketplace Staff

  A panel of federal judges in Boise, Idaho will decide where to try 250 BP lawsuits filed in 12 different states. And wherever that is could see a sizable economic boost.

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• On $4.5B profit, Shell won’t cut back on deepwater drilling

  Posting a $4.5 billion profit and taking its place as the largest oil firm in Europe, Shell doesn't plan to stop plans for deepwater drilling. It just won't be as easy a process now.

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• Report: Pollution way up in Chinese cities

  by Rob Schmitz

  The downside to China's rapid growth of the past few years: a rise in air pollution. A Chinese government report shows over 100 Chinese cities had the worst pollution levels in five years.

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• Obscure immigration program encourages foreign investors

  by Marketplace Staff

  One Cleveland entrepreneur is using a little-known U.S. immigration program to encourage local development.

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• Convention hackers told to keep it conventional

  by Jeff Tyler

  Attendees of this week's Black Hat and DefCon hacker conventions are being told to hush up.

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• Oil is up and will continue to go up

  by Chris Farrell

  Economics editor Chris Farrell predicts an increase of up to $100 per barrel of oil — and explains why that's not good.

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• Bernanke, Geithner meet on consumer protection

  by Marketplace Staff

  Fed chair Ben Bernanke and Treasury Secretary Timothy Geithner are meeting to discuss the new Consumer Financial Protection Bureau.

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