May 29, 2008

Marketplace Morning Report for Thursday, May 29, 2008

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Marketplace Morning Report for Thursday, May 29, 2008

Segments From this episode

Bear Stearns to cease roar

May 29, 2008
After 85 years on Wall Street, investment bank Bear Stearns will soon disappear. This morning, the bank's shareholders vote on the JP Morgan buyout. Jill Barshay reports why the bank is ready to accept a low buyout.

Spelling success across the globe

May 29, 2008
A record 288 spellers are participating in the Scripps National Spelling Bee, which kicks off its finals today in Washington. John Dimsdale reports how spelling bees are a successful practice internationally.

Dior apologizes to China for Stone

May 29, 2008
Christian Dior is making some high-profile apologies to China after actress Sharon Stone made comments about the earthquake in Sichuan. Stephen Beard reports why the red-carpet gaffe is causing red faces.

A license for quicker international travel

May 29, 2008
New York State is introducing an enhanced drivers license which will double as a passport to Mexico, Canada and the Caribbean. The license is an attempt to make business travel more efficient. Alisa Roth reports.

Local bookstore's support on the rise

May 29, 2008
Even in an era of economic downturn and the big box store, independent book store Skylight Books is expanding. Commentator Kerry Slattery says it's all thanks to growing shopper awareness for the impact of local businesses.

Can we blame it on index speculators?

May 29, 2008
The yo-yoing of gas prices is dizzying, and one theory points to index speculators as one reason for the price volatility. Economics correspondent Chris Farrell talks to Scott Jagow about whether index and speculators belong together.

Tata further details takeover plans

May 29, 2008
Indian automaker Tata Motors announced its yearly results this week and further details on how it plans to takeover Jaguar and Land Rover. Mehul Srivastava reports the impact of Tata's news on shares.

United, USAir could talk merger

May 29, 2008
The CEOs of United and US Airways are meeting today, and merger talks may not be too far off. But despite obvious hurdles, including different labor unions and systems, Jeremy Hobson reports they may not have much choice.

The team

Stephen Ryan Producer, BBC