Jan 16, 2009

Marketplace Morning Report for Friday, January 16, 2009

Segments From this episode

Bank of America gets $20 billion rescue

by Jeremy Hobson

Jan 16, 2009

The government is giving Bank of America a $20 billion rescue package for losses incurred by the acquisition of Merrill Lynch, which the Feds encouraged the bank to buy. The bank reported its first quarterly loss in 17 years. Jeremy Hobson reports.

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Gas prices sneaking back up again

by Dan Grech

Jan 16, 2009

The average price of a gallon of gas has jumped about 17 cents in the past month. The main factor in the price hike is a cut in refiners' supply. But Dan Grech reports the gas price hike could just be temporary.

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Advertisers cut back on Super Bowl

by Scott Jagow

Jan 16, 2009

Some companies are responding to the cutbacks Americans are making in their daily lives by pulling back on Super Bowl ads. Scott Jagow talks to sports commentator Diana Nyad on who's saying no to the ads this year.

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Fallout: The Financial Crisis

Where small business wants stimulus

by Mitchell Hartman

Jan 16, 2009

Small business advocates have been lobbying to get a piece of Obama's stimulus plan. Marketplace's Mitchell Hartman explores where some of the bailout money could go specifically to directly benefit small businesses.

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Restaurant week may not be enough

by Marketplace Staff

Jan 16, 2009

Restaurant week is an annual promotional event that lets New York City diners enjoy three-course meals at bargain prices. But will the spending continue once the week is done? Sally Herships reports consumers' appetites may not last.