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Jun 21, 2013

Marketplace Morning Report for Friday, June 21, 2013

Today is the first day of summer and that gets some retailers nervous. Shoppers are scarce in the season, so stores are rolling out the sales. In Los Angeles, the grocery store Ralphs is expected to close its doors forever. The store, which is in a low-income neighborhood, has some residents criticizing a disturbing pattern. And how will China’s credit crunch be felt abroad?

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Segments From This Episode

Critics accuse Ralphs of creating ‘food apartheid’
by Noel King
Critics say Ralphs fobs off lower-quality products on low-income neighborhoods, but Ralphs says it varies what's on sale based on what customers buy.
First day of summer means fun and sun…and shopping?
by Mitchell Hartman
Retailers create one more excuse for a holiday sale.
Why China’s credit crunch is our problem
by Rob Schmitz
China is feeling a credit crunch, after China’s central bank froze lending between China's financial institutions this week.
City mayors back immigration reform
by Jeff Tyler
The U.S. Conference of Mayors’ supports immigration reform as a way to reduce city expenses and grow local economies.
Piracy threat grows in Nigeria, West Africa
by Will Ross
A new report out this week shows that while pirate attacks off the Somali coast have plummeted, there's a growing threat on the other side of the continent.
When insurance is too expensive no matter what
by Dan Gorenstein
Federal subsidies will make it easier for millions of Americans to buy health coverage, but millions still won't be able to afford it.
PODCAST: The 30 million person crack in health care reform
by Mark Garrison
City mayors question the nation's immigration policy. A look at the 30 million people who will still be uninsured after the Affordable Care Act takes effect. And the threat of piracy grows off the coast of West Africa.
Flying high with gadgets, coming soon?
by Nancy Marshall-Genzer
The FAA is looking into allowing electronic devices to stay on during entire flights.