Apr 26, 2012

Marketplace Morning Report for Thursday, April 26, 2012

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The Federal Reserve is not taking any major new steps to help the economy at this time -- but it will spring into action if there's another slowdown. US Airways is trying to buy the bankrupt American Airlines, and it's making a lot of promises -- but can it keep them if the merger goes through? Pepsico is reporting earnings today, and as the cost of ingredients rises, one factory is looking towards sustainability to save dough. And Burger King says that within the next five years, it will buy only cage-free eggs and pork.

Segments From this episode

Fed holds off on new steps to help U.S. economy

Apr 26, 2012
The Federal Reserve won't be taking any major new steps to help the economy at this time, and the reason is that the Fed expects the U.S. economy to grow at about 3 percent this year.

Greece begins to sell islands to raise cash

Apr 26, 2012
Greece is reportedly selling off islands to raise money. The small island of Oxia is being sold to the royal family Qatar and more are on the block.

Teen employment could improve this summer

Apr 26, 2012
The job placement company Challenger, Gray, and Christmas is predicting that teens will have an easier time finding jobs this summer. Employment in this age group won't be back to pre-recession levels, but nothing like the summer of 2010 where youth employment had fell to a 60 year low.

Federal Reserve holding off on new action... for now

Apr 26, 2012
The Fed has ended its two-day meeting and the conclusion is the economy isn't bad enough to take new action now.

Burger King moves to 'cage-free' eggs and pork

Apr 26, 2012
The fast-food giant will move away from tightly packed chickens and pigs within five years. Farmers and consumers will feel the impact.

Do airline mergers deliver on their promises?

Apr 26, 2012
It's rumored that US Airways may soon merge with the bankrupt parent company of American Airlines. Mergers usually bring promises of frequent flier guarantees and hub airport assurances, but do they actually happen?
A US Airways tail rest on the tarmac near an American Airlines plane at Ronald Reagan Washington National Airport in Arlington, Va. US Airways has won the support of unions at the bankrupt American Airlines for a proposal to fold the two companies into one giant carrier, US Airways CEO Doug Parker said on April 20, 2012.
JIM WATSON/AFP/Getty Images

Could the U.S. follow the U.K. into another recession?

Apr 26, 2012
The Federal Reserve has upgraded its forecast for the U.S. economy in 2012 but also downgraded its outlooks for 2013 and 2014. There are worries the U.S. could fall back into recession just like the U.K. did.

Chrysler posts biggest profit since 2009

Apr 26, 2012
FIAT's profit report came out today and it shows that the Chrysler group generated its biggest profit since its 2009 bankruptcy. A lot of Chryslers are selling in the U.S. more than compensating for quieter showrooms in Europe, where the financial crisis has been dampening things.

PODCAST: Auto profits grow, PepsiCo profits stay flat

Apr 26, 2012
The Federal Reserve is not taking any major new steps to help the economy at this time -- but it will spring into action if there's another slowdown. US Airways is trying to buy the bankrupt American Airlines, and it's making a lot of promises -- but can it keep them if the merger goes through? PepsiCo is reporting earnings today, and as the cost of ingredients rises, one factory is looking towards sustainability to save dough. And Burger King says that within the next five years, it will buy only cage-free eggs and pork.
A detail of the Pepsi Cola sign is seen in the outfield as the New York Mets host the Atlanta Braves during their Opening Day Game at Citi Field on April 5, 2012 in New York City.
Nick Laham/Getty Images

Ancestry.com rakes in profits, buys up competitor

Apr 26, 2012
Ancestry.com Inc. will soon take over rival family history website Archives.com for the price tag of around $100 million.

Are Americans ready to start buying homes again?

Apr 26, 2012
According to recent Gallup data, Americans feel home prices are still at a pretty low level -- but that also means many think it is a great time to buy.

Frito-Lay opens the bag on green factories

Apr 26, 2012
One Frito-Lay factory in Arizona is helping its parent company, Pepsico, figure out how to save resources globally.

The Federal Reserve is not taking any major new steps to help the economy at this time — but it will spring into action if there’s another slowdown. US Airways is trying to buy the bankrupt American Airlines, and it’s making a lot of promises — but can it keep them if the merger goes through? Pepsico is reporting earnings today, and as the cost of ingredients rises, one factory is looking towards sustainability to save dough. And Burger King says that within the next five years, it will buy only cage-free eggs and pork.

The team

Stephen Ryan Producer, BBC