Jun 3, 2011

Marketplace Morning Report for Friday, June 3 2011


Marketplace Morning Report for Friday, June 3, 2011

Segments From this episode

Arizona faces challenges after legalizing medical marijuana

Jun 3, 2011
Although the state has legalized medical marijuana, a recent lawsuit against the federal government is complicating the situation.

GOP argues spending cuts help private sector

Jun 3, 2011
Spending cuts are likely to be part of any deal to lift the debt ceiling. Conservatives argue without these cuts, raising the debt ceiling just hurts private sector jobs.

Will Groupon survive the hype?

Jun 3, 2011
Online daily deals website Groupon announced its planned IPO yesterday. But with a concept so simple, can it survive the hype?

St. Louis football fans concerned over stadium, not lockout

Jun 3, 2011
The St. Louis Rams' home stadium -- the Edward Jones Dome -- was ranked the worst stadium in the NFL. Now St. Louis residents are faced with a tough decision: pay for stadium renovations, or lose the beloved team.
A general view of the Edward Jones Dome prior to the NFL season opener between the Arizona Cardinals and the St. Louis Rams.
Dilip Vishwanat/Getty Images

Fiat to buy U.S. Treasury's sake in Chrysler

Jun 3, 2011
The Italian automaker will pay $500 million for the U.S. government's remaining 6 percent in Chrysler -- allowing Fiat to gain the majority stake in the American automaker.

OPEC meeting to discuss unrest in Libya

Jun 3, 2011
The Organization of the Petroleum Exporting Countries will meet next week to discuss high oil prices and concerns over future global demand, as well as production cuts in Libya and the continuing turmoil in North Africa.

Unemployment ticks up to 9.1% in May

Jun 3, 2011
The U.S. Labor Department reported this morning that the unemployment rate rose to 9.1 percent in May and employers hired only 54,000 new workers -- the fewest in eight months.

Sony Pictures website hacked

Jun 3, 2011
As the company continues to recovery from the recent hack of its PlayStation Network, Sony has been hit once again by an attack -- this time on its movies site.

The U.S. economy adds only 54,000 jobs in May

Jun 3, 2011
May job growth reached a nine-month low as the Labor Department announced unemployment grew to 9.1 percent. Chris Low, chief economist with FTN Financial, explains.

The team

Stephen Ryan Producer, BBC