Marketplace Morning Report for Friday, August 27, 2010

Segments From This Episode

• Another recall for Toyota

  by Amy Scott

  Toyota has issued yet another big recall of it cars. This time it involves some engine problems in the popular Corolla. Reporter Amy Scott talks with Bob Moon about what the problem is this time.

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• Detective mulls NY’s new divorce law

  by Marketplace Staff

  New York recently became one of the last states to switch to no-fault divorce. That means couples can dissolve a marriage without the need for one spouse to accuse the other of misbehavior like adultery. How might the law affect those who make their living off suspicious spouses?

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• China plans big bus to drive over cars

  by Rob Schmitz

  A Beijing suburb has announced it will soon begin testing out a new futuristic bus that would be built on tall legs — allowing bus passengers to drive above the cars on the highway. No, this is not a joke. China bureau chief Rob Schmitz reports.

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• Touring New Orleans’ recovery projects

  by Eve Troeh

  People inside and outside of New Orleans think the city's recovery after Hurricane Katrina has been too slow and uneven. The hold-up is often blamed on government agencies, but they have to follow residents' rebuilding choices. Five years after the storm, Eve Troeh met the head of the New Orleans Redevelopment Authority, and took a tour of projects underway.

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• P-PIP program making money

  by Marketplace Staff

  P-PIP, the public-private investment program, is a key piece of the Obama administration's efforts to bring the financial system back from the brink. And nine months into the program, it's making a lot of money for taxpayers. Reporter Amy Scott talks the details with Bob Moon.

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• Scientists crack wheat’s genetic code

  by Rebecca Singer

  British researchers have successfully mapped the genetic makeup of wheat. The BBC's Rebecca Singer reports now on how the scientific breakthrough could help wheat farmers worldwide.

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• Is economic growth still in our future?

  by Marketplace Staff

  The government has revised the second quarter Gross Domestic Product downward to 1.6 percent. CBS MoneyWatch's Jill Schlesinger talks with Steve Chiotakis about whether this means the nation has experienced all the growth it can muster for a while and if this gives us a better idea of where the U.S. economy is.

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• Unmanned vehicle market looks to grow

  by Marketplace Staff

  American troops are leaving Iraq, but its robots are not. The Army said unmanned aircraft flights over Iraq are increasing. That's good news for the people who make unmanned vehicles — many of them gathering in Denver to show off their products. Zachary Barr reports.

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• What the Federal Reserve can/can’t do

  by John Dimsdale

  A lot of people will be listening carefully when Federal Reserve Chairman Ben Bernanke steps up to the podium to kick off a big central bankers' convention in Wyoming. Will he be more clear about what he thinks the economy needs right now? John Dimsdale reports.

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• What Fed can do to avoid a double dip

  by Marketplace Staff

  The government revised downward the nation's annual rate of growth. Scott Minerd, is chief investment officer at financial services firm Guggenheim Partners, talks with Steve Chiotakis about his reaction to Federal Reserve Chairman Ben Bernanke's speech.

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• Dell, HP in a ping-pong match for 3PAR

  by Marketplace Staff

  Dell and Hewlett-Packard keep vying for data store manager 3PAR, throwing down offers back and forth. Amy Scott reports.

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