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Nov 19, 2012

Marketplace Morning Report for Monday, November 19, 2012

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Chances are holiday catalogs have already been piling up at your house -- wasn't online shopping supposed to put an end to all the paper? Up to now, the government of Myanmar, also known as Burma, has held a cozy economic relationship with China, but President Obama's visit signals the country is looking to diversify its portfolio. Chobani founder and CEO Hamdi Ulukaya shares his thoughts on the yogurt company's success, plans for the future, and what Chobani has meant for South Edmeston, New York.

Segments From this episode

Displaced NYC marathoners run in Philadelphia

Nov 19, 2012
New York officials decided to scrap the New York Marathon in the wake of Hurricane Sandy. The cancellation may be an economic boon for another marathon just down the road.

Chobani's overnight billionaire

Nov 19, 2012
Chobani founder and CEO Hamdi Ulukaya shares his views on the yogurt company's success, plans for the future, and what Chobani has meant for the region around South Edmeston, New York.

President's visit to Myanmar poses challenge for China

Nov 19, 2012
Up to now, the government of Myanmar, also known as Burma, has held a cozy economic relationship with China, but President Obama's visit signals the country is looking to diversify its portfolio.

Catalogs still piling it on

Nov 19, 2012
Wasn't online shopping supposed to put an end to all this paper?

Food stamps holding up farm bill

Nov 19, 2012
Congress is considering changes in the $80 Billion food stamp program, known as SNAP.

Will Obama visit open up Southeast Asia economies?

Nov 19, 2012
The focus of President Obama's visit to the region has been geopolitical but what about the economic gains to be made?

Could BP be on the takeover block?

Nov 19, 2012
The company has started buying its stock to boost its share price and rumors are buzzing the stock purchase is a defensive move to stave off a buyout from a competing firm.

Long Island Power slammed for slow Sandy response

Nov 19, 2012
Three weeks after Hurricane Sandy power has been restored for most people affected by the storm. But the embattled LIPA is still dealing with a wave of criticism over its performance.

In face of debt crisis, EU asks for budget increase

Nov 19, 2012
While most EU governments have been forced to freeze or cut their spending drastically, the European Commission is asking for a six percent budget increase.

Is Mexican company Bimbo eyeing Hostess?

Nov 19, 2012
Attention Twinkies lovers! All is not lost. Parent company Hostess begins its liquidation process, and one rumored buyer is a global bakery conglomerate from Mexico.

Report: Average credit card debt rises

Nov 19, 2012
Credit report company TransUnion is reporting the average credit card debt per borrower grew five percent in the latest quarter and average debt is now almost $5,000.

PODCAST: Obama in Myanmar, a chat with Chobani Greek Yogurt CEO

Nov 19, 2012
President Obama is on a visit through Asia. Will his visit open up Southeast Asia economies? Congress is considering changes in the $80 Billion food stamp program, known as SNAP. Chobani founder and CEO Hamdi Ulukaya shares his views on the yogurt company's success. And the Long Island Power Authority is facing criticism for the way it responded to superstorm Sandy.

Chances are holiday catalogs have already been piling up at your house — wasn’t online shopping supposed to put an end to all the paper? Up to now, the government of Myanmar, also known as Burma, has held a cozy economic relationship with China, but President Obama’s visit signals the country is looking to diversify its portfolio. Chobani founder and CEO Hamdi Ulukaya shares his thoughts on the yogurt company’s success, plans for the future, and what Chobani has meant for South Edmeston, New York.

The team

Stephen Ryan Producer, BBC