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May 6, 2008

Marketplace Morning Report for May 6, 2008

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Marketplace Morning Report for May 6, 2008

Segments From this episode

Many Amex layoffs seen in merger

May 6, 2008
The New York Stock Exchange hopes to finish acquiring the American Stock Exchange by the third quarter of this year. As many as 75% of Amex employees may be laid off after the merger. Alisa Roth reports.

Ads could be calling your cell phone

May 6, 2008
The FTC is trying to get a handle on mobile advertising, which is when a retailer sends you a coupon or text message on your cell phone. It's the topic of a two-day town hall meeting in Washington. Nancy Marshall Genzer has more.

French rock in 'eengleesh'

May 6, 2008
France has a quota system to encourage bands to sing only in French. But, as John Laurenson reports, a new generation of French groups are defying the quotas and singing in what they believe is the true language of rock 'n' roll.

UBS sells mortgages to American firm

May 6, 2008
Swiss bank UBS is selling some of its subprime mortgages to an American investment firm for $15 billion -- 25% of the face value. Some see the deal as a sign the credit crisis might be easing. Stephen Beard reports from London.

Disney to unveil quarterly earnings

May 6, 2008
Does the Magic Kingdom still have that sparkle? Investors find out later today whether the ailing economy has put a damper on Walt Disney's bottom line. The media giant will unveil quarterly earnings. Janet Babin reports.

The limits of locally grown food

May 6, 2008
Locally grown food is high on many shopping lists, but if you are an institutional kitchen that serves, say, 10,000, you might have problems with supply. Peter Crimmins reports on locally grown food and economies of scale.

Fannie and Freddie reach out and help

May 6, 2008
Government-backed lenders Fannie Mae and its cousin Freddie Mac are buying up 80% of mortgage securities, giving lenders fresh money to make new home loans. They could lead us out of the housing crisis. Bob Moon reports.

$2.99 a gallon for Chrysler customers

May 6, 2008
Remember back when you could get a gallon of gas for under $3? Chrysler is offering its customers a bit of a flashback. Through early June, customers who buy or lease a new Chrysler will get a price break on gas. Amy Scott reports.

The team

Stephen Ryan Producer, BBC