Marketplace for May 26, 2011

Segments From This Episode

• The ‘reckless’ behavior that led to the financial crisis

  by Kai Ryssdal

  Gretchen Morgenson, co-author of the book "Reckless Endangerment," discusses the role housing and real estate played in the financial crisis.

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• Heinz cuts jobs and factories

  by Janet Babin

  The ketchup maker is being squeezed by high commodity and fuel prices.

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• Canada’s oil sands reach for U.S. markets

  by Scott Tong

  The debate over the Keystone XL pipeline has environmentalists and oil companies squaring off, forcing the Obama administration to choose a winner and loser.

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• Supreme Court upholds Arizona immigration law

  by Jeff Tyler

  The Supreme Court today upheld an Arizona law punishing businesses that hire undocumented immigrants. Some businesses opposed the law.

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• GDP figures confirm sluggish economic growth

  by Bob Moon

  Contrary to expectations, the government didn't revise first quarter growth up from 1.8 percent. Weak consumer spending and factory output mutes the outlook.

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• G8 meeting avoids focus on economic recovery

  The G8 Group of Industrialized Nations meets today in Deauville, France. Some say it should focus more on boosting global economic recovery.

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• House GOP unfurls plan to create jobs

  by Nancy Marshall-Genzer

  Except the ideas in the GOP proposal aren't new. One is lowering taxes across the board to 25 percent. We've had tax cuts before, so does the theory that they create jobs match reality?

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• Newspapers jump on the group-buying bandwagon

  by Curt Nickisch

  In a move to bring back local advertisers, daily papers like the Boston Globe have created their own group-buying sites to compete with Groupon and LivingSocial.

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