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May 7, 2012

Marketplace Morning Report for Monday, May 7, 2012

All eyes are on Europe this morning after voters in France’s presidential run-off election delivered a victory to Socialist candidate Francois Hollande over incumbent Nicolas Sarkozy. The win is the latest signal in Europe that voters are turning against harsh austerity measures aimed at curbing the European debt crisis, and the politicians who supported them. Also on the program, Hollywood might be coming to the aid of California’s State Parks Foundation to prevent up to a quarter of the state’s parks from closing – and cutting off access to filming. And a new budget battle commences in the U.S. Congress this week as law makers consider two bills that will make dramatic cuts in social safety net programs to prevent further cuts in defense spending

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Segments From This Episode

PODCAST: Austerity goes to the polls in Europe
by Stacey Vanek Smith and Jeremy Hobson
BERTRAND LANGLOIS/AFP/GettyImages
The French elect a socialist president, and the Greek parliament gets a shake-up. It's all in a weekend for voters in Europe who took to the polls in what turned out to be a referendum on harsh austerity measures aimed at solving Europe's financial crisis. Also on the show, Disney avenges at the box office with a superhero blockbuster, college degrees as an employment perk, and Hollywood fights for California's State Parks.
13-year-old corrects Byzantine map at the Met
by Jeremy Hobson
This is a Marketplace.org Reader
With oil firms profiting, why are gas prices still high?
by Stacey Vanek Smith
Mark Wilson/Getty Images
The Fortune 500 2012 list ranking U.S. companies by revenue has Exxon Mobil at No. 1 and other oil firms near the top. So why are gas prices continuing to go up?
Big Girl Cosmetics owes its glow to Oprah
by Stacey Vanek Smith
Photo by Robert Cianflone/Getty Images
Seven years ago Kiley Russell sold the car she received as a lucky audience member at The Oprah Winfrey show. Today, that seed money has grown into a thriving cosmetics business.
France elects Socialist candidate Francois Hollande
In a narrow victory this weekend, French voters ousted incumbent presidential candidate Nicolas Sarkozy in what many see as a popular referendum against harsh austerity measures in Europe
Disney avenges at the box office with superhero blockbuster
by Mitchell Hartman
"The Avengers" brought in $200 million at the box office this weekend, shattering records. But can the latest Disney smash hit erase its "John Carter" box office flop?
Hollywood chips in to save California state parks
by Adriene Hill
This past weekend, Hollywood hosted a fundraiser for the California state parks. It’s not just left-leaning Hollywood altruism. Many directors and studios film for cheap in the parks.
Congress begins budget battle over automatic cuts to Pentagon spending
by John Dimsdale
Here's a phrase you'll begin to hear a lot in Congress: sequestered cuts. Today, the House begins debate on how to deal with the debt crisis.
In Greece, voters cast ballots against austerity
by Stacey Vanek Smith
SAKIS MITROLIDIS/AFP/GettyImages
Parliamentary elections this weekend in Greece proved that voters there are fed up with the political parties imposing harsh austerity measures to deal with the country's severe debt crisis
Should companies pay for advanced degrees?
by Stacey Vanek Smith
Christopher Furlong/Getty Images
More than a decade ago, United Technologies made a pledge to pay for any employee's advanced degree. It's now paid for thousands of them. What could other U.S. companies learn from the program?
Greece, France vote against austerity in weekend elections
by Stacey Vanek Smith
FRANCK FIFE/AFP/GettyImages
In an apparent rejection of austerity measures to solve Europe's debt crisis, voters in France elected Socialist party candidate Francois Hollande over the weekend while Greek voters punished the country's two incumbent parties

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Marketplace Morning Report for Monday, May 7, 2012

Subscribe:

Segments From This Episode

PODCAST: Austerity goes to the polls in Europe

13-year-old corrects Byzantine map at the Met

With oil firms profiting, why are gas prices still high?

Big Girl Cosmetics owes its glow to Oprah

France elects Socialist candidate Francois Hollande

Disney avenges at the box office with superhero blockbuster

Hollywood chips in to save California state parks

Congress begins budget battle over automatic cuts to Pentagon spending

In Greece, voters cast ballots against austerity

Should companies pay for advanced degrees?

Greece, France vote against austerity in weekend elections