Find the latest episode of "This Is Uncomfortable" here. Listen
Jul 17, 2012

Marketplace Morning Report for Tuesday, July 17, 2012

HTML EMBED:
COPY

Yahoo has its fifth CEO in five years. This time around, the company has selected a woman named Marissa Mayer, who has spent the last 13 years as an executive at Google. The ailing tech company reports earnings today, as does another big tech company, Intel. And the Hue-Man bookstore, the largest African-American bookstore in the country, will be close its doors at the end of this month, citing rising rents and a changing industry as primary factors.

Segments From this episode

Intel to kick off a tepid tech earnings season

Jul 17, 2012
Weak European demand for technology products hit home in Silicon Valley. Analysts expect subdued second-quarter tech earnings.

Bernanke likely to be queried about LIBOR scandal

Jul 17, 2012
Senators are likely to question Federal Reserve chairman about what banking regulators knew about manipulation of key lending rate.

Russia likely to continue supplying arms to Syria

Jul 17, 2012
The U.S. has been pressing Russia to stop sending arms to Syria for much of the 16-month conflict between the government and opposition forces. Russia has said it will not make any new deals with Syria, but it looks like arms will continue to flow.

Minority-owned Hue-Man Bookstore to close

Jul 17, 2012
The largest African-American bookstore in the country is closing its doors at the end of this month. The Hue-Man Bookstore in Harlem has been around for ten years, but rising rents and a changing industry have made it impossible for it to stick around.

Yahoo appoints Google exec Marissa Mayer as new CEO

Jul 17, 2012
37-year-old Marissa Mayer will become Yahoo's fifth CEO in five years. She's a longtime Google executive and an architect of what the tech world calls the 'Google User Experience.'

In Japan, an effort to crowdsource radiation information

Jul 17, 2012
In Japan, the radiation from the Fukushima nuclear accident is going nowhere fast. And in many cases, it's not clear where the radiation's OK, and where it's not. That's where a group called SafeCast comes in.

HSBC faces hearing for money-laundering lapses

Jul 17, 2012
A congressional watchdog panel will be grilling executives from the British bank HSBC about -- get this -- money laundering, drugs and terrorist financing.

Markets await Bernanke's next steps for Fed

Jul 17, 2012
Federal Reserve chairman Ben Bernanke will testify on Capitol Hill today, and the big question is: Will he signal that more monetary stimulus is on the way?

Bernanke tentative on growth, consumer confidence

Jul 17, 2012
This hour Federal Reserve Chairman Ben Bernanke took his regular seat before the Senate Banking Committee. As always, his words are getting careful scrutiny. We break down the good news and the bad news from his testimony.

Goldman to open private bank

Jul 17, 2012
In the face of a tough banking market and disappointing earnings, Goldman Sachs announced this week that it will build a private bank -- joining the ranks of UBS and U.S. Trust and others -- that will manage and lend money to very wealthy individuals and companies.

PODCAST: A new Yahoo CEO, a new banking scandal

Jul 17, 2012
Yahoo has its fifth CEO in five years. This time around, the company has selected a woman named Marissa Mayer, who has spent the last 13 years as an executive at Google. The ailing tech company reports earnings today, as does another big tech company, Intel. And the Hue-Man bookstore, the largest African-American bookstore in the country, will be close its doors at the end of this month, citing rising rents and a changing industry as primary factors.
A Yahoo! billboard is visible through trees on July 19, 2011 in San Francisco, Calif.
Justin Sullivan/Getty Images

New Yahoo CEO Marissa Mayer announces pregnancy

Jul 17, 2012
New CEO of Yahoo, Marissa Mayer has just announced her pregnancy. It'll be her first child, and she says she plans to work through her maternity leave. All three weeks of it.

Yahoo has its fifth CEO in five years. This time around, the company has selected a woman named Marissa Mayer, who has spent the last 13 years as an executive at Google. The ailing tech company reports earnings today, as does another big tech company, Intel. And the Hue-Man bookstore, the largest African-American bookstore in the country, will be close its doors at the end of this month, citing rising rents and a changing industry as primary factors.

The team

Stephen Ryan Producer, BBC