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Marketplace Morning Report for Monday, May 11, 2009

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Marketplace Morning Report for Monday, May 11, 2009

Segments From this episode

Fallout: The Financial Crisis

Teens cope with less cash in downturn

by Marketplace Staff May 11, 2009
Teenagers account for $125 billion of annual retail expenditures. But that figure is expected to be lower this year as many teens learn to cope in a bad economy. Youth Radio's Asha Richardson reports.

Air of uncertainty in space industry

by Jeremy Hobson May 11, 2009
As space shuttle Atlantis prepares to launch, President Obama has yet to name a permanent NASA Administrator. That's causing uncertainty in the space industry. Jeremy Hobson reports.

New Detroit mayor has a lot on his plate

by Marketplace Staff May 11, 2009
Detroit Mayor-elect Dave Bing will face tough challenges as he prepares to improve the Motor City's fortunes. Sarah Hulett reports.
Fallout: The Financial Crisis

Small banks hurt by housing bust

by Dan Grech May 11, 2009
Small banks in places like Florida are seeing their capital wiped out due to the housing bust. Dan Grech reports.

Health care industry pledging cost cuts

by Jeremy Hobson May 11, 2009
President Obama and health industry leaders today announce a plan to reduce health-care spending increases that they say could save $2 trillion over 10 years. Marketplace's Jeremy Hobson discusses the details with host Steve Chiotakis.

Intel faces big anti-trust fine in Europe

by Stephen Beard May 11, 2009
The European Commission is accusing Intel of offering computer manufacturers illegal rebates. If the company is found guilty, it could face the largest anti-trust fine ever levied in Europe. Stephen Beard reports.
Fallout: The Financial Crisis

The business of going out of business

by Marketplace Staff May 11, 2009
Circuit City is one of many retailers to go bankrupt recently. Steve Chiotakis talks with Fortune magazine's Allan Sloan about whether retailers declaring bankruptcy is part of a cycle or a shift.
Fallout: The Financial Crisis

What banks repaying bailout means

by Marketplace Staff May 11, 2009
Bill Stone of PNC Wealth Management talks with Steve Chiotakis about why some banks want to raise capital to repay bailout money, anti-trust policy, and the effect health care reform might have on businesses.

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