Nov 30, 2012

Marketplace Morning Report for Friday, November 30, 2012

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As other carmakers in Europe struggle for their very survival, Volkswagen is flourishing thanks in part to its worldwide appeal. Republicans have reportedly rejected an opening offer from the White House which calls for a $1.6 trillion tax increase over ten years and the ability to raise the federal debt limit without Congressional approval. Rand Paul (R-KY) joins us to share his thoughts on the ongoing negotiations.

 

Segments From this episode

Volkswagen beats the odds in Europe

Nov 30, 2012
As other carmakers in Europe struggle for their very survival, VW is flourishing thanks in part to its worldwide appeal.

Rand Paul predicts 'Big, bad, ugly' budget deal

Nov 30, 2012
Senator Rand Paul (R-KY) joins us to share his thoughts on the ongoing negotiations to avoid the 'fiscal cliff.'

Irish priest reflects on economy two years after bailout

Nov 30, 2012
It was exactly two years ago that Ireland faced a similar problem and got an international bailout. How is the country faring now?

Cleveland area tries to create a college-going culture

Nov 30, 2012
Ohio's Cuyahoga County will start a college savings account for every kindergartener.

Prolonged California port strike could affect retailers

Nov 30, 2012
Unionized clerical workers who staff the ports of Los Angeles and Long Beach have entered the fourth day of their strike. If the dispute continues, the ripple effects could soon be felt across the country.

As U.N. meets on climate, U.S. blocks a European law

Nov 30, 2012
President Obama signed a bill this week protecting U.S. airlines from an emission tax when they fly in and out of Europe. The EU's carbon tax is so unpopular, it's been suspended for all carriers for a year.

Markets react to fiscal cliff talks

Nov 30, 2012
Markets fell yesterday just moments after House Speaker John Boehner (R-OH) said no substantive progress had been made in the latest fiscal cliff negotiations.

ECB keeps Greek debt secrets under wraps

Nov 30, 2012
The European Central Bank has won a legal battle against Bloomberg News to keep some of the ECB’s internal documents about Greece's debt private.

What trends are on display at the L.A. Auto Show?

Nov 30, 2012
The opening of the L.A. auto show comes at an interesting time; the market for cars in the U.S. has rebounded even as the broader economic recovery continues at a painfully slow pace.

Has outsourcing become outdated?

Nov 30, 2012
For decades, the story of American manufacturing has been all about outsourcing. Lately though, some new terminology has come into vogue -- 'insourcing.'

PODCAST: Face tattoo regrets and a public college fund

Nov 30, 2012
The economic damage from Sandy: Is it worse than we thought? New data on consumer spending and a big port strike at the country's most critical port. And aside from Mitt, who's got the biggest regrets post-election? It could be the guy with the Romney face tattoo.

As other carmakers in Europe struggle for their very survival, Volkswagen is flourishing thanks in part to its worldwide appeal. Republicans have reportedly rejected an opening offer from the White House which calls for a $1.6 trillion tax increase over ten years and the ability to raise the federal debt limit without Congressional approval. Rand Paul (R-KY) joins us to share his thoughts on the ongoing negotiations.

 

The team

Stephen Ryan Producer, BBC