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May 31, 2012

Marketplace Morning Report for Thursday, May 31, 2012

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Irish voters go to the polls today not to elect a president or a leader but to vote on key European bailout measures.With the price of oil below $90 a barrel, some are beginning to wonder at what point does…

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PODCAST: I 'Pizza' New York and Dead Social

May 31, 2012
Irish voters go to the polls today not to elect a president or a leader but to vote on key European bailout measures.With the price of oil below $90 a barrel, some are beginning to wonder at what point does…

Could drilling for oil become too costly?

May 31, 2012
With the price of oil below $90 a barrel, some are beginning to wonder at what point does it become unprofitable to drill.

Americans not concerned with euro crisis

May 31, 2012
Experts say the European debt crisis could derail halting economic growth in the U.S., but do Americans care?

Banks warm to short sales for strapped homeowners

May 31, 2012
Pre-foreclosure sales are offering more relief in the tough housing market.

Ireland votes on EU fiscal discipline treaty

May 31, 2012
Today, Ireland is holding a referendum on whether to ratify Europe's new fiscal discipline pact. A vote against the treaty would challenge German-backed austerity measures.

Solutions for Spanish banking crisis dwindle

May 31, 2012
Spain's Deputy Prime Minister, Soraya Saenz, will head to Washington to discuss ways to resolve the Spanish banking crisis with Treasury Secretary Tim Geithner.

'Corn sugar' loses to 'high fructose corn syrup'

May 31, 2012
The FDA has rejected a bid to rename the controversial sweetener known as high fructose corn syrup “corn sugar” on nutrition labels.

May shows dismal employment numbers

May 31, 2012
The U.S. economy added less jobs than expected in May. At the same time, the number of workers filing for unemployment benefits rose, and the number of planned layoffs in hit an eight month high.

GM signs deal to sponsor Manchester United

May 31, 2012
General Motors announced today a major Chevrolet sponsorship deal with the popular English soccer team, Manchester United.

Mayor Bloomberg seeks ban on sugary beverage sales

May 31, 2012
The mayor of New York City, Michael Bloomberg, says he plans to propose a municipal ban on sales of large-size sugary beverages at restaurants, delis and movie theaters.

Facebook set to expand headquarters in Menlo Park

For the past week and a half Mark Zuckerberg has been losing face a bit in the stock market, but this week his company is booking ahead with plans for a major expansion to their headquarters in the Silicon Valley…
A sign with the 'like' symbol stands in front of the Facebook headquarters on February 1, 2012 in Menlo Park, California.
Justin Sullivan/Getty Images

Monthly layoffs hit eight-month high

May 31, 2012
A study this morning from job outplacement firm Challenger Gray & Christmas found layoffs rose in May to their highest level in eight months.

Musicians big and small compete for summer concert sales

May 31, 2012
Madonna begins her worldwide summer tour today in Israel. Shows have already sold out around the world. But what if you're not Madonna? How do you make money on tour?

Advocates fight for candidates to address foreclosures

May 31, 2012
Today housing advocacy groups from 22 cities and 17 states are launching a campaign to force the presidential candidates to address the specific topic of foreclosures.

Irish voters go to the polls today not to elect a president or a leader but to vote on key European bailout measures.With the price of oil below $90 a barrel, some are beginning to wonder at what point does it become unprofitable to drill. Today housing advocacy groups from 22 cities and 17 states are launching a campaign to force the presidential candidates to address the specific topic of foreclosures. Madonna begins her sold out worldwide summer tour today in Israel. But what if you’re not Madonna? How do you make money on tour?

The team

Stephen Ryan Producer, BBC