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Feb 28, 2012

Marketplace Morning Report for Tuesday, February 28, 2012

Online user review site Yelp is getting ready for its IPO. The Environmental Protection Agency is in court to defend its landmark global warming finding. A new study reveals the wealthy may be the least ethical. The number of “supercommuters” is on the rise. And the Wealth & Poverty Desk takes a look at poverty, revealing that many who are technically living above the poverty line in the U.S. actually can’t afford to pay for basic needs like clothing and food.

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Segments From This Episode

Plans for Napoleon Bonaparte theme park move forward
by John Laurenson
New government funding means the next big theme park in Europe may be "Napoleonland." A commercial tribute to the 19th century French emperor could open in a small town outside Paris.
Michigander, Michiganians or Michiganites?
by Jeremy Hobson
What do people from Michigan prefer to be called?
Explainer: Greece’s ‘selective default’
Yesterday, Standard & Poor's downgraded Greece's credit rating to "selective default." It's a move that everyone expected, but what's the difference between that and the messy default it was trying to avoid?
‘Supercommuters’ on the rise
by Jeremy Hobson
The number of people who commute more than 90 miles for work has nearly doubled in many cities over the past 10 years.
Are the wealthy less ethical?
by Adriene Hill
A new study finds that those who feel wealthy are often the least ethical — more often cutting off other vehicles at four-way intersections and even stealing candy from children.
Environmental Protection Agency on trial
by Sarah Gardner
The agency is in court to defend its landmark global warming finding.
Fire leads to another cruise ship adrift
by Jeremy Hobson
The Costa Allegra was stricken by a fire in the Indian Ocean yesterday, and is being towed to shore today. The second ship disaster in recent months could lead to treacherous seas ahead for the cruise industry.
TransCanada to continue with Keystone pipeline in south
by Nancy Marshall-Genzer
The Canadian oil firm had wanted to run oil all the way from Canada to the Gulf, but President Obama rejected that earlier this year. Now, the company is settling for a pipeline from Oklahoma to Texas.
High gas prices likely to be very temporary
by Juli Niemann
Gas prices have risen quickly in the past month, but reductions in consumer spending and the payroll tax cut are helping to offset the costs.
What is poverty? Think beyond the official number
by Mitchell Hartman
Many who are technically living above the poverty line in the United States actually can’t afford to pay for basic needs like clothing and food.
PODCAST: Yelp IPO, whispering in airplanes
by Chau Tu
Online user review site Yelp is getting ready for its IPO. The Environmental Protection Agency is in court to defend its landmark global warming finding. A new study reveals the wealthy may be the least ethical. The number of "supercommuters" is on the rise. And the Wealth & Poverty Desk takes a look at poverty, revealing that many who are technically living above the poverty line in the U.S. actually can’t afford to pay for basic needs like clothing and food.
Yelp readies for the stock market
by Bob Moon
The site that lets you reviews local restaurants and services is about to get its own review — from investors.