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Feb 7, 2012

Marketplace Morning Report for Tuesday, February 7, 2012

Swiss commodities broker Glencore and global mining giant Xstrara announced a $90 billion merger deal. We talk to one analyst to find out why that matters to you. Also on the show, the Senate weighs a bigger government role in cyber security to protect privately owned critical infrastructure. And Ohio finds an economic bright spot in its homegrown alcohol industry.

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Segments From This Episode

Money flows across border
by Scott Tong
As Western Union earnings show, the global remittance business is at record levels.
Senate weighs bigger government role in cyber security
by John Dimsdale
Lawmakers are proposing increased government regulation of computer security for "critical" businesses like nuclear power plants, water utilities and chemical factories.
$90 billion mining merger would alter industry
by Jeremy Hobson
The world's largest commodities trader Glencore has agreed to buy mining giant Xstrata to create a global giant in coal, zinc and copper mining and production.
Podcast: Mergers, mortgages, and iguana meat
by Jeremy Hobson and David Brancaccio
Forty states have signed onto a settlement deal with the nation's largest banks over abusive foreclosure practices. We talk to the attorney general from the hold-out state of Delaware to find out why he wants a better deal. Congress passed a bill to fund technology upgrades for the FAA, but airline industry unions are balking at the deal. And Puerto Rico looks to ease its overpopulation of invasive iguanas by exporting them as "exotic meat." Plus, more headlines from this Tuesday morning.
Homegrown alcohol industry a bright spot for Ohio
by Marketplace Contributor
Liquor sales have risen even as the state's economy has slumped. In turn, Ohio is embracing its homegrown booze industry.
Delaware AG Biden: Mortgage deal not enough
by Jeremy Hobson
Forty states have signed on to a settlement deal with the nation's largest banks, while Delaware and other hold-out states try for a better deal.
Lottery jackpot is a spot in public housing
by Craig LeMoult
New Haven attracts families to a new mixed-income community with a popular lottery.
FAA funding bill limits labor unions
by David Gura
Congress has passed a bill to fund technology upgrades for the Federal Aviation Administration. But some unions say they lose out under the legislation, which also limits union activity.
Iguana, it’s what’s for dinner
by David Gura
In an effort to rid Puerto Rico of its 4-million-strong invasive iguana population, the government has proposed turning them into an "exotic meat" export.