Mar 7, 2011

Marketplace Morning Report for Monday, March 7, 2011

Segments From this episode

Local Budgets

Public safety, jobs a concern for bankrupt California city

by Marketplace Staff

Mar 7, 2011

Police and firemen in Vallejo, Calif., were laid off as the city worked its way through bankruptcy. Hear the new plan to fill city coffers.

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Luxury goods giant buys a piece of watchmaker Bulgari

by Stephen Beard

Mar 7, 2011

LVMH owns luxury brands from Louis Vuitton to Moet champagne and it now plans to sell watches. It will acquire a major piece of Italian jeweler Bulgari for $5.2 billion. Stephen Beard explains.

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China plans "more money for the masses"

by Rob Schmitz

Mar 7, 2011

As unrest continues in the North Africa and the Middle East, China hopes to prevent similar protests with a new five-year plan to fight inflation and low wages. Rob Schmitz explains.

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BBC World Service

Spain slows down drivers to lower gas prices

by Sarah Rainsford

Mar 7, 2011

Spanish drivers are slowing down today to comply with a new speed limit. The BBC's Sarah Rainsford reports the government hopes to reduce Spain's gas bill.

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Fallout: The Financial Crisis

Goldman-linked insider trading trial starts this week

by Steve Chiotakis

Mar 7, 2011

This week, the federal government will head to court for what may be the biggest insider trading case in decades. Fortune Magazine's Allan Sloan say many on Wall Street will be watching closely.

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President Obama considers opening emergency oil reserves

by Gregory Warner

Mar 7, 2011

The White House considers tapping into the nation's Strategic Petroleum Reserve to counter rising oil prices. But Gregory Warner reports that it may not cut gas prices.

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Two years from market low, stocks recover

by Jeremy Hobson

Mar 7, 2011

Economist Gary Schilling explains what it means to be two full years from the low point of the stock market. And what it means for ordinary investors.

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"New" Newsweek hits the stand

by Marketplace Staff

Mar 7, 2011

The iconic weekly magazine is now in the hands of a "new media" company. Rick Edmonds, media business analyst at the Poynter Institute, explains what today's relaunch says about the magazine industry.