Mar 28, 2013

Marketplace Morning Report for Thursday, March 28, 2013

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A hedge fund investor makes headlines with a $155 million Picasso purchase. Banks in Cyprus have just re-opened for the first time in two weeks. Although there are tough restrictions on just how much cash customers can withdraw and what…

Segments From this episode

Spam wars clog the Internet

Mar 28, 2013
If you found your Internet surfing coming up slow in recent days, it's possibly because of one of the biggest cyberattacks experts have ever seen.

Billionaire Steven Cohen buys a Picasso: Vanity or investment?

Mar 28, 2013
Hedge fund billionaire Steven Cohen has just bought himself another painting -- this time a Picasso -- for $155 million.

'Right-to-work' arrives for Michigan's unions

Mar 28, 2013
Michigan's new 'right-to-work' law goes into effect, stripping unions in the state of many protections and privileges.

Cyprus banks re-open to crowds of eager customers

Mar 28, 2013
Banks in Cyprus have just re-opened for the first time in two weeks. Although there are tough restrictions on just how much cash customers can withdraw and what they can do with that money once they have it.

Cyprus capital controls threaten fate of the euro

Mar 28, 2013
Strict controls on the level of withdrawals have prevented a bank run in Cyprus. But the restrictions are raising fresh doubts about the future of the euro.

Google Glass to be made in the USA

Mar 28, 2013
Made in the USA is coming back into fashion in Silicon Valley. Today, the buzz is that Google is planning to make its long-awaited 'Google Glass' in California.

U.S. infrastructure gets a D+

Mar 28, 2013
Marketplace Economics Correspondent Chris Farrell joins Morning Report host Jeremy Hobson to discuss the state of infrastructure in the U.S. and whether the country can afford to improve it.

Cyprus tries to contain itself, U.S. economy expands

Mar 28, 2013
Diane Swonk, chief economist with Mesirow Financial, joins Marketplace Morning Report host Jeremy Hobson to discuss whether the crisis in Cyprus will spread and how the U.S. economy is faring.

BlackBerry is back in the black

Mar 28, 2013
BlackBerry posted a surprise profit for the quarter today. The Canadian company’s been struggling to stay relevant in the smartphone market but while the news is hopeful, it’s still too early to declare a turnaround.

PODCAST: Is BlackBerry back? A euro crack?

Mar 28, 2013
BlackBerry is back in the black. Banks in Cyprus re-open today to long lines and eager customers. And President Obama meets with leaders of four African countries.

African economies finally get some respect

Mar 28, 2013
President Obama is scheduled to meet with the leaders of four African nations at the White House. On the agenda: Democracy and opportunities to expand trade and investment.

A hedge fund investor makes headlines with a $155 million Picasso purchase. Banks in Cyprus have just re-opened for the first time in two weeks. Although there are tough restrictions on just how much cash customers can withdraw and what they can do with that money once they have it. Today Michigan officially becomes the nation’s 24th right-to-work state. Under the new law, workers can opt out of paying union dues and still retain benefits.

The team

Stephen Ryan Producer, BBC