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Marketplace Morning Report for Monday, April 22, 2013
Apr 22, 2013

Marketplace Morning Report for Monday, April 22, 2013

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Is the once fast-growing, profitable reality TV machine sputtering? German airline Lufthansa has canceled most of its flights today due to an employee strike. And the word 'entitlement' is all over Washington these days, but what does it mean?

Segments From this episode

Is reality TV running out of steam?

Apr 22, 2013
Today Dutch group Mars One is set to announce details about its plan to fund a human colony on Mars -- by turning the process into a reality TV show. Is the once fast-growing, profitable reality TV machine -- here on Earth -- sputtering?

Lufthansa strike grounds hundreds of flights

Apr 22, 2013
Ground staff at Lufthansa, Germany's biggest airline, walked off the job Monday on a one-day strike that prompted the company to cancel most of the day's scheduled flights.

Chinese refashion Italy's textile industry

Apr 22, 2013
Chinese manufacturers have moved to Italy and set up garment factories. They excel at making garments fast and cheaply, but some Italian manufacturers are unhappy with their presence.

What we mean by 'entitlement'? Well, that depends...

Apr 22, 2013
'Entitlement' has almost contradictory meanings in casual conversation - and also, depending on your views, in political discourse about the social safety net

Caterpillar profits fall 45%, cuts forecast

Apr 22, 2013
Caterpillar reported disappointing earnings this morning. The heavy-equipment maker announced its profits are down 45 percent and also cut its forecast for the rest of the year.
Caterpillar reported disappointing earnings this morning. The heavy-equipment maker announced its profits are down 45 percent and also cut its forecast for the rest of the year.
JONAS ROOSENS/AFP/Getty Images

PODCAST: Caterpillar shrinks, GDP grows

Apr 22, 2013
Caterpillar shrinks, GDP grows, and Made in Italy -- but by China.
Caterpillar reported disappointing earnings this morning. The heavy-equipment maker announced its profits are down 45 percent and also cut its forecast for the rest of the year.
JONAS ROOSENS/AFP/Getty Images

U.S. economy to 'grow' 3% under new GDP calculation

Apr 22, 2013
The U.S. economy will grow by 3 percent this summer, due to a change in the data used to calculate GDP.
With a chart showing federal spending as a percentage of Gross Domestic Product in the background, U.S. Treasury Secretary Timothy Geithner testifies before the Senate Budget Committee March 12, 2009 on Capitol Hill in Washington, DC.
Win McNamee/Getty Images

Is the once fast-growing, profitable reality TV machine sputtering? German airline Lufthansa has canceled most of its flights today due to an employee strike. And the word ‘entitlement’ is all over Washington these days, but what does it mean?