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May 2, 2013

Marketplace Morning Report for Thursday, May 2, 2013

Former CIA Director David Petraeus considers his next move. Will the European Central Bank follow the U.S. Federal Reserve’s lead? And a new study out of Switzerland finds the corporate structure of carpenter ants has some similarities to our own.

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Segments From This Episode

The value of a deal between ESPN and the Southeastern Conference
by Queena Kim
ESPN and the SEC are announcing the SEC Network, a lucrative TV deal for college sports. What’s so valuable about the SEC? And what’s in the deal for the schools?
Oh, the places David Petraeus could go
by Mark Garrison
After accepting a teaching post at CUNY, the exalted and shamed former general is reportedly in talks with private equity giant KKR. What are the real job prospects for David Petraeus?
What can ants teach us about our own corporate ladder?
by Jeremy Hobson
A new study out of Switzerland finds carpenter ant colonies have some startling similarities with the structure of our own corporate ladder.
European Central Bank cuts interest rate to record low
The European Central Bank (ECB) has cut interest rates to a record low of 0.5 percent. But how much stimulus can the ECB really provide?
Meet the two new nominees for President Obama’s economic team
by Nancy Marshall-Genzer
The president has nominated Penny Pritzker to run the Commerce Department, and Michael Froman as the next U.S. trade representative.
Facebook is making more money, but spending more, too
by Nancy Marshall-Genzer
There’s good news and bad news from Facebook. Facebook’s revenues only grew 38 percent in the first quarter, while its costs were up 60 percent.
The economic stakes with Mexico: Immigration, trade, and security
by Jeremy Hobson
President Obama heads to Mexico today to meet with that country's new President Enrique Peña Nieto. The two leaders will discuss immigration reform, trade, and economics.
PODCAST: ESPN and SEC team up, Facebook good news bad news
by Jeremy Hobson
ESPN and the SEC team up for a new sports network. What's ahead for Mexico and the U.S.? And Facebook is making more money, but it's spending more, too.