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May 15, 2008

Marketplace Morning Report for Thursday, May 15, 2008

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Marketplace Morning Report for Thursday, May 15, 2008

Segments From this episode

Efforts to save energy are working

May 15, 2008
A new report notes it takes half as much energy today to create $1 of economic output as it did in the 1970's. Dan Grech reports new efficiencies out in the next few decades can cut energy consumption even more.

A low life for high ratings

May 15, 2008
Riding the trend of feel-good reality TV shows, Fox is set to unveil a riches-to-rags story. Stacey Vanek-Smith has more on the "Secret Millionaire" who must find a worthy beneficiary while living amongst the needy.
Terry George from Fox's new reality show "Secret Millionaire" reflects upon the difficulty of choosing a beneficiary.
Fox

A short, shallow recession

May 15, 2008
Economists are forecasting a modest rise in unemployment numbers, but is it enough to call it a recession? Economics editor Chris Farrell tells Bob Moon the numbers indicate a downturn won't be too deep.

A call to tame a financial 'monster'

May 15, 2008
German President Horst Kohler is calling for tougher regulations on the banking industry, which he believes created a "monster" within the global financial markets. Stephen Beard reports discontent is echoed in Germany.

Times are changing for private equity

May 15, 2008
Blackstone releases its first-quarter profits today on the heels of a 90 percent profit loss for last year. Jill Barshay reports analysts are forecasting big changes in practice for the private-equity industry.

The U.K. is OK in L.A.

May 15, 2008
English-based stores in Los Angeles will celebrate their contribution to California's economy with a "Britwalk." But what makes these businesses specifically British? Cash Peters looked to his countrymen to find out.

GE planning to unplug appliance wing

May 15, 2008
Responding to pressure to trim down its operations, GE plans to auction off the appliance sector of its business, which only netted 4 percent of revenue last year. Ashley Milne-Tyte reports the brand has lost some market clout.

Rain hurts Myanmar relief efforts

May 15, 2008
Getting food to Myanmar has been a huge logistical problem for the Red Cross, and rainfall from an approaching storm threatens to make conditions worse. Lisa Chow reports what's being done to help.

The team

Stephen Ryan Producer, BBC