Jul 27, 2009

Marketplace Morning Report for Monday, July 27, 2009

Segments From this episode

Smart trumps cheap in phone world

by Dan Grech

Jul 27, 2009

Despite a lagging economy, Americans are buying smart phones over plain cell handsets, making the U.S. market a tough battleground for wireless carriers. Competitors strive to give the lowest price for the snazziest product. Dan Grech reports.

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Tata pays for Jaguar, Land Rover losses

by Stephen Beard

Jul 27, 2009

Last year, Ford sold Jaguar and Land Rover to Indian auto company for $2.3 billion, but Tata may be having second thoughts about its purchases. Losses at Ford's former subsidiaries hit more than a billion dollars last year. Stephen Beard reports.

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U.S., China further examine relationship

by Steve Chiotakis

Jul 27, 2009

A two-day meeting between the U.S. and China kicks off today in Washington which will focus on a "strategic and economic dialogue." But who needs whom more in this relationship? Steve Chiotakis talks to Fortune Magazine's Allan Sloan.

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Fallout: The Financial Crisis

Good times roll again for U.K. bankers

by Stephen Beard

Jul 27, 2009

Bonus culture is booming once again for employees the U.K.'s biggest banks just six months after many were near collapse. The government wants to buckle down on big pay, but must tread carefully. Stephen Beard explains why.

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Trade, currency top focus in China talks

by Tamara Keith

Jul 27, 2009

Tensions are high as U.S. and Chinese officials converge today in Washington. Talks will focus on trade between the two countries, U.S. consumption of Chinese products and whether China's currency is undervalued. Tamara Keith reports.

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Citi exec in big bonus purgatory

by Mitchell Hartman

Jul 27, 2009

Citigroup is trying to decide whether to pay one of its executives the sum of $100 million. But that may be tricky as the bank is one of seven overseen by U.S. pay czar Kenneth Feinberg. Mitchell Hartman reports.

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Lending down, but home sales up

by Mitchell Hartman

Jul 27, 2009

New home sales rose in June, despite bank lending falling significantly in the second quarter. Home prices have fallen so much that sales are finally picking up. Could the housing crisis be abating? Mitchell Hartman reports.

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Strong PR could help Vick comeback

by Rico Gagliano

Jul 27, 2009

Former Atlanta Falcons quarterback Michael Vick may be a free man, but can he return to the NFL after criminal dogfighting charges? With the right moves and strong PR, it's a possibility. Rico Gagliano reports.

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Who's losing this morning and why

by Steve Chiotakis

Jul 27, 2009

Verizon reported a drop in quarterly profits. Was this to be expected? Steve Chiotakis checks in with Sam Stoval, chief strategist for S&P Equity Research.