Jun 29, 2010

Marketplace Morning Report for Tuesday, June 29, 2010

Segments From this episode

BP Spill: Ripples

How BP's woes might hurt the market

by Marketplace Staff

Jun 29, 2010

The center of Tropical Storm Alex is not expected to pass near the site of BP's leaking oil well in the Gulf of Mexico. But it could delay oil collection efforts, and that could be bad news for the company's financial health.

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Financial Reform Bill

'Debt will cause another crisis'

by Marketplace Staff

Jun 29, 2010

Henry Blodget, editor-in-chief of The Business Insider, talks with Bill Radke about why he believes that even with the new proposed financial reform measures we are at risk for another global crisis.

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Unions cry foul over benefit cuts

by Mitchell Hartman

Jun 29, 2010

A fight's brewing in Baltimore over efforts to cut pensions for cops and firefighters. It mirrors similar struggles across the U.S. As local governments try to balance their budgets, retiree benefits are a juicy target. Mitchell Hartman reports that doesn't sit well with public-employee unions.

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European Debt Crisis

More Greek strikes may hurt tourism

by Stephen Beard

Jun 29, 2010

Greek unions are staging their fifth general strike of the year. The 24-hour stoppage has hit the country's largest port, raising fears about Greece's most important industry. Stephen Beard reports.

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Drug gangs moved money via Wachovia

by Marketplace Staff

Jun 29, 2010

Mike Smith, Latin America correspondent for Bloomberg Markets magazine, talks with Steve Chiotakis about an article he wrote that reveals which U.S. banks helped move money to drug cartels in Mexico.

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Google takes steps to stay in China

by Scott Tong

Jun 29, 2010

Google will stop automatically rerouting users of its China search site to its Hong Kong site. Google's license to do business in China expires tomorrow and Beijing was threatening not to renew it. What does the move mean?

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China, Taiwan sign historic trade pact

by Chris Hogg

Jun 29, 2010

China and Taiwan signed a trade deal that Taiwanese officials call the most important development in their relationship in more than 60 years. The deal gives access to each other's markets, but it's also a big political step for China.

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Why single-family home prices rose

by Marketplace Staff

Jun 29, 2010

Juli Niemann at Smith, Moore & Company talks with Bill Radke about why single-family home prices came up unexpectedly in the latest report from Standard & Poor's and Case-Shiller.