May 13, 2008

Marketplace Morning Report for May 13, 2008

Segments From this episode

Lifting the veil on overseas oil deals

by Sam Eaton

May 13, 2008

Motivated by rising fuel prices, oil companies are striking secret deals with foreign countries -- including corrupt ones -- to tap into their reserves. Now, the government wants disclosure. Sam Eaton has more.

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Summer air travel predictions out today

by John Dimsdale

May 13, 2008

Stimulus checks are arriving just in time for summer vacation plans. With air fares and gas prices up, those plans are likely to be scaled down. The air travel industry weighs in with its forecast today. John Dimsdale reports.

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What good's disclosure if no one gets it

by Marketplace Staff

May 13, 2008

Transparency in Wall Street's innovative but extremely complex hybrid securities is all well and good, but when the disclosed information is too hard to understand, what's the point? Bob Moon asks if financial innovation has gone too far.

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Relief groups tackle two Asian disasters

by Scott Tong

May 13, 2008

Asia now faces the aftermath of double disasters -- the quake in China and the cyclone in Myanmar. Relief groups say they have supplies to send to both countries, but getting them there is another story. Scott Tong reports from Shanghai.

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Europe may allow U.S. chicken imports

by Marketplace Staff

May 13, 2008

Europe has had a ban on U.S. poultry imports for 11 years, but the ban could soon be lifted. Americans wash the birds with chlorine to keep the product bug-free. Stephen Beard reports on why that is no longer an issue.

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Buchholz: When boomers retire

by Marketplace Staff

May 13, 2008

Many baby boomers are expected to keep working past retirement age, but those who do retire will be looking for a steady income. Commentator Todd Buchholz advises heading off one of their choices.

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Teens may get help with summer jobs

by Ashley Milne-Tyte

May 13, 2008

Teens face tough competition for sales and other jobs again this summer. Congress might lend a hand if it passes a bill to pump a billion dollars into summer job programs. Ashley Milne-Tyte reports from New York.

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Consumer spending beat April forecast

by Dan Grech

May 13, 2008

The Commerce Department's monthly retail report shows consumer spending dropped last month, but not as much as predicted. Dan Grech looks into why and what the numbers say about the overall economy.

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Apartheid suits target U.S. companies

by Gretchen Wilson

May 13, 2008

Chevron, Citigroup and Ford are among companies accused in three lawsuits of profiting from South Africa's former apartheid system. A move by the U.S. Supreme Court has cleared the way for the lawsuits to go forward. Gretchen Wilson has more.