Sep 3, 2008

Marketplace Morning Report for Sept. 3, 2008

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Marketplace Morning Report for Sept. 3, 2008

Segments From this episode

Renewed trust in Freddie and Fannie

Sep 3, 2008
The government's implicit backing of Freddie Mac and Fannie Mae has apparently convinced investors that the two mortgage giants are a safe bet. John Dimsdale finds out why.

Economic health report due

Sep 3, 2008
The government today will release its monthly report on factory orders for non-durable goods -- things like clothing, food and gas. Nancy Marshall Genzer reports on what the numbers are expected to show.

Convention roles of corporate reps

Sep 3, 2008
Corporate representatives who attend the convention come in two flavors, says commentator Robert Reich. He also discovered that sometimes reps from the same company play contradictory roles.

Coke to buy Chinese juice maker

Sep 3, 2008
The Coca-Cola company announced its intention to buy Chinese juice maker Huiyuan, a purchase that would expand Coca-Cola's operations in the huge Chinese market. Host Bob Moon talks with Scott Tong in Shanghai.

Retailers ready for evacuees' return

Sep 3, 2008
Big grocery store chains, like Albertsons, had been stocking up for weeks to prepare for the return of evacuees from hurricane Gustav. Mitchell Hartman has the story.

Schools struggle with lunch budgets

Sep 3, 2008
The economy is taking a bite out of school lunches. School districts are getting fewer tax dollars and want lunch programs to support themselves. Steve Henn reports on the choices they face.

California bill fights sprawl and traffic

Sep 3, 2008
California's anti-sprawl bill encourages development near businesses and workplaces to cut down on driving and reduce emissions. Rachel Dornhelm explains how the policy will work.

Layoffs could reach 1 million this year

Sep 3, 2008
August layoffs were down 14 percent from July, but it's not all good news on the job loss front. This was the worst summer of layoffs since 2002. Steve Henn learns that an even grimmer picture could be yet to come.

American dollar is up against euro

Sep 3, 2008
The European economy continues to slump. One U.K. minister said it's the worst it's been in 60 years. The bad news overseas, however, helped boost the dollar against the euro. Brett Neely reports.

The team

Stephen Ryan Producer, BBC