Marketplace Morning Report for Monday, May 4, 2015
May 4, 2015

Marketplace Morning Report for Monday, May 4, 2015

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Airing on Monday, May 4, 2015: There's news today that Goldman Sachs, one of the top investment banks, is in talks to get out of a key business: specifically the raw commodity, coal. That's according to the Wall Street Journal today. The internet search and advertising giant Google has its hands full in Europe, where antitrust regulators have accused it of abusing its power to, among other things, favor its business partners in Google results. In February, President Obama warned the EU to be sure that any antitrust action not be quote "commercially-driven," a suggestion that Europe might be out to help its home-grown companies. Google denies wrongdoing. For more on that, we talk to Margrethe Vestager, the European Commissioner for Competition leading the case. 

 

Segments From this episode

McDonald's wants to serve up a giant turnaround

May 4, 2015
The company's huge size and long history complicate its efforts to keep up

Obama's plan to keep up with My Brother's Keeper

May 4, 2015
Obama will help start a nonprofit version of the government initiative

Meet the woman leading the EU's case against Google

May 4, 2015
Margrethe Vestager says Google is misusing its hold on the search market.

Why "landmen" don't benefit from low gas prices

May 4, 2015
The people who oil companies pay to get the rights to drill for oil lose out.

Goldman downsizes its commodities operations

May 4, 2015
The investment bank could leave this type of business all together

Airing on Monday, May 4, 2015: There’s news today that Goldman Sachs, one of the top investment banks, is in talks to get out of a key business: specifically the raw commodity, coal. That’s according to the Wall Street Journal today. The internet search and advertising giant Google has its hands full in Europe, where antitrust regulators have accused it of abusing its power to, among other things, favor its business partners in Google results. In February, President Obama warned the EU to be sure that any antitrust action not be quote “commercially-driven,” a suggestion that Europe might be out to help its home-grown companies. Google denies wrongdoing. For more on that, we talk to Margrethe Vestager, the European Commissioner for Competition leading the case. 

 

The team

Stephen Ryan Producer, BBC