Marketplace Morning Report for Wednesday, September 21, 2011

Segments From This Episode

• Republicans send letter to the Fed to stand down on monetary policy

  by Jeremy Hobson

  The Federal Reserve wraps up a meeting today to determine the next steps to take in solving the financial crisis in the U.S.

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• Disaster money may force government shutdown

  by Jeremy Hobson

  Debates have been flaring up over the best way to cut federal spending. The latest hot button issue? The Federal Emergency Management Agency's budget.

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• European debt crisis helps, hurts airlines

  by Alisa Roth

  Thanks to a weak euro, there is a bump in tourism now, but prolonged economic woes will pull down airline profits.

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• O’Hare unveils airport aeroponics

  by Sarah Gardner

  An ultra-compact, ultra-efficient airport garden provides herbs and veggies to airport restaurants.

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• Google under government pressure

  by Steve Henn

  Google's chairman Eric Schmidt will testify before the Senate Judiciary Committee today. The tech company is under scrutiny for possible antitrust violations and uncompetitive practices.

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• U.S. companies in China: Polluters or scapegoats?

  by Rob Schmitz

  Although U.S. companies like Conoco-Phillips have been accused of violating environmental laws in China, many think they're being unfairly targeted in a land that lets Chinese companies brazenly violate pollution laws.

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• British insurance market posts huge losses in disaster-filled year

  by Christopher Werth

  It has been a big year for natural disasters, from the tsunami in Japan to floods in Australia. And that means a year of big losses for insurance companies.

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• U.S. company Noble Energy begins drilling in Cyprus

  by Julia Simon

  A Texas-based oil company discovered a large supply of deep water natural gas in the Mediterranean and plans to begin drilling this week. That's causing big tension with countries in the region.

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• Republicans to the Fed: No more stimulus

  by Marketplace Staff

  Yesterday, Congressional Republicans sent a letter to Ben Bernanke to request that the Fed refrain from initiating any further monetary policies.

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• Apple fans anxiously await new iPhone

  by Marketplace Staff

  Many Apple users have been anxiously awaiting the release of the newest iPhone, which reports say will come in early October. We talk to one user who has been living with a broken old iPhone until the day comes.

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• Republicans and Democrats seek a deal on FEMA spending

  by John Dimsdale

  The budget struggle continues on both sides of the aisle today, as Republicans and Democrats clash over emergency relief spending.

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• AT&T-T-mobile merger moves forward with status hearing

  by Marketplace Staff

  With several states and rival companies filing complaints, the AT&T/T-mobile merger tries to move forward today at a Department of Justice "status hearing."

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