Marketplace Morning Report for Friday, August 13, 2010

Segments From This Episode

• GM CEO Whitacre to step down, clearing way for long-term company plan

  by Marketplace Staff

  General Motors CEO Ed Whitacre is leaving the company as it prepares for what might be the biggest public stock offering in U.S. history so that the company can prep for the long-term.

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• Severe school cutbacks will take noticeable toll

  by Marketplace Staff

  Even though Congress just approved $26 billion to help save teachers' jobs, it's not enough to fill in a lot of the gaps in severely cut school budgets.

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• VIDEO: Flight of the flight attendant

  by Bill Radke

  So many JetBlue punchlines to choose from in this week's Minute. Which one's your favorite?

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• German economy grows at near-record pace

  Between April and June, Germany's GDP grew at its fastest quarterly rate in over 20 years. But that doesn't necessarily mean it can help global economic recovery.

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• Murdoch to launch news service for iPad

  by Bill Radke

  Media mogul Rupert Murdoch finds the iPad such a promising business he's launching a newspaper that will only be accessible through the device.

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• Sides to weigh in on Fannie, Freddie

  by Nancy Marshall-Genzer

  Academics, consumer groups and banks will be present when the Obama administration holds a conference next week to determine the future of Fannie Mae and Freddie Mac.

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