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Aug 20, 2010

Marketplace Morning Report for Friday, August 20, 2010

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Marketplace Morning Report for Friday, August 20, 2010

Segments From this episode

American Airlines hit with huge fine

Aug 20, 2010
Federal regulators plan to slap a $25 million penalty against American Airlines for canceled flights and maintenance problems from 2008. Reporter Gregory Warner talks the details with Bill Radke.

Transocean: BP holding back rig data

Aug 20, 2010
BP insists that it is not hiding any information about the Deepwater Horizon disaster in the Gulf of Mexico. But the rig's actual owner, Transocean, claims that BP is holding back data that will help shed light on why the rig exploded. Stephen Beard reports.

Which country drinks the most coffee?

Aug 20, 2010
On a per person basis, which country drinks the most coffee? The Globalist's Stephan Richter quizzes Bill Radke.

Refinancing demand at 15-month high

Aug 20, 2010
The economic recovery seems to be sputtering. We learned that manufacturing is once more in the doldrums and claims for unemployment benefits are increasing again. The silver linings in these clouds are kinda hard to come by. But we found one. John Dimsdale reports on mortgage rates.

The economy's role in Aussie election

Aug 20, 2010
Australians will soon take to the polls for its federal election. And the economy is taking center stage.

A rap advocating for Elizabeth Warren

Aug 20, 2010
President Obama still has yet to nominate anyone to head the new post of Consumer Financial Protection Bureau. But one group is pushing for Harvard law professor Elizabeth Warren to be nominated and has come up with a song and video for her. Rapper Ryan Anthony Lumas talks with Steve Chiotakis about the song.

Smucker's squeezes out new products

Aug 20, 2010
Jam maker Smucker's reported its profits rose slightly in the last three months. The company is a dominant player in the food industry, and it plans to roll out dozens of new products in the coming months. Jeff Tyler reports.

A rise in hardship withdrawals

Aug 20, 2010
A new report from Fidelity Investments says more Americans are dipping into their 401(K)s and other similar funds. Jill Schlesinger, editor-at-large at CBS MoneyWatch, talks with Steve Chiotakis about why a record number of people are making hardship withdrawals.

A look at jobless claims, mergers

Aug 20, 2010
Chris Low, chief economist at FTN Financial, talks with Bill Radke about why he says the gloom over this week's economic data is a little overdone.

Video: Potash and cash

Aug 20, 2010
Bill gets a little help this week from a listener. And tackles fertilizer, jobless claims, profits, olive oil and the BP spill.

The team

Stephen Ryan Producer, BBC

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