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Feb 25, 2013

Marketplace Morning Report for Monday, February 25, 2013

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Barring an eleventh-hour settlement, the British oil company BP will be in court today in New Orleans fighting tens of billions of dollars in civil claims related to the 2010 Gulf oil spill. India is launching seven satellites into space today, but the country's space agency has its eyes on Mars. And, the sequester is an idea that most politicians agree is a bad one. And the term 'sequester'? No one likes it. So where did the word come from?

Segments From this episode

Where does the term 'sequester' come from?

Feb 22, 2013
Former Senator Phil Gramm (R-TX) first used 'sequester' in a budget bill during the Reagan years. He still likes the term and the idea.

BP oil spill lawsuit could get messy

Feb 25, 2013
The civil suit will determine the degree of BP's responsibility for the oil spill two years ago, which will help determine the size of damages.

Martha Stewart back in court

Feb 25, 2013
The designer Martha Stewart gave Macy's exclusive rights to her product line and then partnered with JC Penney for a Martha Stewart boutique. Now Macy's is suing.

India joins the space race

Feb 25, 2013
India launched seven satellites into space. It's just the latest mission for India's space agency, which has its eyes on Mars at the moment.

Global Corruption Quiz: Which countries are best and worst?

Feb 25, 2013
When it comes to public sector corruption, which of the BRIC countries -- Brazil, Russia, India, and China -- ranks the best and the worst?

Sequester cuts: Economic threat or all politics?

Feb 25, 2013
As the government gets closer to the sequester deadline, the warnings about what the federal budget cuts would mean are getting louder.

Sequester: A fiscal cliff we will go over

Feb 25, 2013
Although Congress has avoided several fiscal deadlines in the eleventh-hour in the last few months, many political analysts are not optimistic a sequester deal will be struck.

PODCAST: Martha Stewart heads to court, sequester last resort

Feb 25, 2013
The sequester deadline is less than a week away, are the cuts all talk? Martha Stewart heads back to court as Macy's sues over her JC Penney partnership. And which of the BRIC countries is most corrupt?

Barring an eleventh-hour settlement, the British oil company BP will be in court today in New Orleans fighting tens of billions of dollars in civil claims related to the 2010 Gulf oil spill. India is launching seven satellites into space today, but the country’s space agency has its eyes on Mars. And, the sequester is an idea that most politicians agree is a bad one. And the term ‘sequester’? No one likes it. So where did the word come from?

The team

Stephen Ryan Producer, BBC