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Marketplace Morning Report for Tuesday, May 1, 2012
May 1, 2012

Marketplace Morning Report for Tuesday, May 1, 2012

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Exxon Mobil trades off with Apple as the top company in the U.S., but most Americans still know very little about it. A new book out today could change that. Later this morning, we'll find out whether the big auto companies were still selling lots of cars in April. And what do high sales mean for auto workers? Meanwhile, Delta Air Lines is buying an oil refinery in an attempt to cut costs.

Segments From this episode

The private empire of ExxonMobil

May 1, 2012
A new book explores the leadership in the mega oil company, and how it affected its image in the global economy and its views on climate change.

Interior Secretary Ken Salazar on the fracking debate

May 1, 2012
The U.S. Secretary of the Interior talks about new efforts to bring tourism to boost jobs and about the department's new partnership with the Department of Energy and Environmental Protection Agency.

Protesters come out for International Workers' Day

May 1, 2012
It's International Workers' Day -- organized by unions and left-leaning political parties across the world. Thousands of protesters are out on the streets in Greece, France and even Russia.

Energy drinks a fast-growing beverage sector

May 1, 2012
So-called 'energy drinks' are one of the fastest-growing sectors of the drinks business. And now the Wall Street Journal reports that Coca-Cola toyed with spending $14 billion for one brand -- Monster Energy. Coke denies any deal.

PODCAST: Happy International Workers' Day

May 1, 2012
Exxon Mobil trades off with Apple as the top company in the U.S., but most Americans still know very little about it. A new book out today could change that. Later this morning, we'll find out whether the big auto companies were still selling lots of cars in April. And what do high sales mean for auto workers? Meanwhile, Delta Air Lines is buying an oil refinery in an attempt to cut costs.
People sit on bus stop roof as others sit under during a May Day rally in central Istanbul, on May 1, 2012.
BULENT KILIC/AFP/GettyImages

Rupert Murdoch deemed 'unfit' to run company

May 1, 2012
Rupert Murdoch is "unfit to run a major international corporation." That is the verdict from a committee of British lawmakers today. The committee was investigating allegations of widespread phone hacking by journalists working for Murdoch's News of the World tabloid newspaper.

Chesapeake Energy CEO under the microscope

May 1, 2012
The media have flayed Chesapeake Energy’s CEO for exorbitant pay and sketchy loans. Now we'll see whether this affects the company's quarterly profits.

Auto workers no longer have that old-time safety net

May 1, 2012
Auto workers' cushy health benefits and pensions were once the envy of the working world. Now those workers are just like everyone else.

More from Steve Coll on ExxonMobil

May 1, 2012
ExxonMobil, one of the biggest companies in the world, has battled scandal after scandal and shaped much of how power works in modern society. How did it get to the top?

Delta buying oil refinery to help reduce costs

May 1, 2012
In a first for an airline, Delta plans to pay $150 million for an oil refinery in Pennsylvania in a effort to bring some order to its fuel prices. But even if Delta's oil refinery deal works out well, fares are probably not going to drop.

Exxon Mobil trades off with Apple as the top company in the U.S., but most Americans still know very little about it. A new book out today could change that. Later this morning, we’ll find out whether the big auto companies were still selling lots of cars in April. And what do high sales mean for auto workers? Meanwhile, Delta Air Lines is buying an oil refinery in an attempt to cut costs.