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Marketplace Morning Report for Thursday, November 29, 2012
Nov 29, 2012

Marketplace Morning Report for Thursday, November 29, 2012

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Insider trading charges could be coming to one of the nation’s biggest hedge funds: SAC Capital Advisors. But will the hedge fund's owner be implicated? Strong unions and labor laws have kept struggling carmakers from cutting plants in Germany, but that may be about to change. An effort to build the Western Hemisphere's largest seawater desalination plant faces a crucial test today. San Deigo's regional water agency will vote on whether to buy all the water the plant would produce.  

Segments From this episode

'Well, blow me down!' Popeye is out at Popeyes

Nov 29, 2012
The spinach-chomping sailor loses his contract as a fast-food pitchman.

In insider trading cases, getting to the top of the food chain

Nov 29, 2012
Insider trading charges could be coming to one of the nation’s biggest hedge funds: SAC Capital Advisors. But will investigators implicate the hedge fund's owner?

UPDATE: Giant desalination plant faces key test in San Diego

Nov 29, 2012
An effort to build the Western Hemisphere's largest seawater desalination plant faces a crucial test today, as San Diego's regional water agency votes on whether to buy all the water the plant would make.

UK press may face tougher regulation after hacking scandal

Nov 29, 2012
UK officials are expected to recommend a new, tougher media regulatory body following a series of phone-hacking, bribery, and data theft abuses by the country's newspapers.

Americans choose sides on words, not just politics

Nov 29, 2012
The polling firm Gallup has gathered new data on how Americans feel about certain key economic phrases such as free enterprise, capitalism, and federal government.

GDP revised up to 2.7%, investment revised down

Nov 29, 2012
Though the latest GDP numbers are up and jobless claims are down, the economic details tell a gloomier story.

Americans start to see light in economy

Nov 29, 2012
Consumer confidence at a five-year high according to new data this week. But what exactly makes us so confident?

Report calls Kabul Bank a 'ponzi scheme'

Nov 29, 2012
A new report says that the now collapsed Kabul Bank in Afghanistan acted as a 'ponzi scheme.'

PODCAST: Higher GDP growth, financial scandals

Nov 29, 2012
The Commerce Department has revised up its GDP growth estimate for the previous quarter, but it's what's inside that counts. And two scintillating new reports: One on the British phone-hacking scandal, another looking into what happened to turn a major bank in Afghanistan into a 'Ponzi scheme.'

GM looks to close German autoplant

Nov 29, 2012
Strong unions and labor laws have kept struggling carmakers from cutting plants in Germany, but that may be about to change.

Insider trading charges could be coming to one of the nation’s biggest hedge funds: SAC Capital Advisors. But will the hedge fund’s owner be implicated? Strong unions and labor laws have kept struggling carmakers from cutting plants in Germany, but that may be about to change. An effort to build the Western Hemisphere’s largest seawater desalination plant faces a crucial test today. San Deigo’s regional water agency will vote on whether to buy all the water the plant would produce.  

The team

Stephen Ryan Producer, BBC