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Marketplace Morning Report for Friday, July 17, 2011

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Marketplace Morning Report for Friday, July 17, 2011

Segments From this episode

Lufthansa to be first to use biofuel for daily flights

by Eve Troeh Jul 15, 2011
The airline will be testing using a bio-blend on one short route in Germany.

Congress to discuss oil pipeline rules

by Eve Troeh Jul 15, 2011
In the wake of the recent Exxon oil spill in the Yellowstone River and last year's BP spill, lawmakers will meet to dissect rules and decide on approving a new pipeline.

Harry Potter brand continues to conjure up money

by Marketplace Staff Jul 15, 2011
The brand is reportedly worth $15 billion. But can it survive with no new books or movies planned?

Orange juice prices near two-year high

by Sally Herships Jul 15, 2011
Pestilence and mother nature damage orange crops in Florida and Brazil, raising juice prices to near their historic high.
Raising the Debt Ceiling

Debt talks: Are we ready for Plan C?

by David Gura Jul 15, 2011
President Obama told lawmakers that "it's decision time" for the ongoing debt talks. But is there an actual deal within reach?

Some American companies do better than others in China

by Rob Schmitz Jul 15, 2011
Ford Motors and Yum! Brands are posting banner years in China, a sign that those American companies are delivering products that the Chinese people want.

Rebekah Brooks resigns from Murdoch empire

by Marketplace Staff Jul 15, 2011
Embattled News International executive and former News of the World editor Rebekah Brooks has resigned today, as the phone hacking scandal continues.

Italy to approve budget cuts in record time

by Marketplace Staff Jul 15, 2011
The Italian parliament is set to approve a slew of budget cuts totaling tens of billions of dollars today, just as lenders started panicking about a possible debt crisis. Economist John Wyse explains.
Raising the Debt Ceiling

Wall Street versus Main Street reaction to debt ceiling debate

by Marketplace Staff Jul 15, 2011
Jill Schlesinger, editor-at-large at CBS/MoneyWatch, says people are reacting differently to this week's debt talks, and looks ahead to what could happen should politicians fail to settle the debates.
Raising the Debt Ceiling

Wall Street's counter intuitive reaction to the debt talks

by Marketplace Staff Jul 15, 2011
Chris Low, chief economist with FTN Financial, explains why investors aren't scared of U.S. debt despite real worries of a default.

Clorox, meet your activist investor

by David Gura Jul 15, 2011
Billionaire investor Carl Icahn has offered to buy Clorox for $10 billion, which would give him a major say in the company's fiscal operations.

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