May 24, 2011

Marketplace Morning Report for Tuesday, May 24, 2011

Segments From this episode

Farmland defies the real estate doldrums

by Jeff Horwich

May 24, 2011

The price of farmland keeps rising along with global food demand. Is this a sign of a new type of real estate bubble?

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Delinquent government contractors

by Nancy Marshall-Genzer

May 24, 2011

A Senate subcommittee hearing tomorrow finds government contractors who owe back taxes were still able to win contracts for government stimulus projects.

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Volkswagen returns to the U.S. to build cars

by Sally Herships

May 24, 2011

VW opens a $1 billion plant in Chattanooga, as it seeks to triple U.S. sales and outsell GM and Toyota globally.

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Volcanic ash grounds flights in Europe

by Stephen Beard

May 24, 2011

More than 250 flights have been cancelled after ash from an Icelandic volcano drifted over the northern U.K. While air traffic controllers are less likely to blanket-cancel flights this time, many airlines, including British Airways and Air France, are already taking a hit.

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Globalist Quiz

The Globalist Quiz: Global gas prices

by Stephan Richter

May 24, 2011

Stephan Richter, editor-in-chief at TheGlobalist.com, discusses which country has the highest gas price worldwide, and where the U.S. ranks out of 170 markets.

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BBC World Service

Sarkozy hosts Internet summit

by Christian Fraser

May 24, 2011

The world's most powerful Internet titans, including heads from Google, Facebook, and Microsoft, are meeting in Paris for a two-day summit hosted by French President Nicolas Sarkozy.

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Biden will lead latest round of budget discussions

by John Dimsdale

May 24, 2011

Vice President Joe Biden will lead continued bipartisan negotiations to raise the debt ceiling today. While the deal is still at least a few weeks away, the talks aim to avert a default on U.S. debt.

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Ford may try to capitalize on Toyota's weakness

by Marketplace Staff

May 24, 2011

A panel created to review Toyota's operations released a report criticizing the company's lack of global oversight after millions of safety recalls. And Ford Motor said it will try to sell more cars in the Japanese domestic market.

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Is this the end of $3 a gallon?

by Marketplace Staff

May 24, 2011

Juli Niemann, analyst with Smith Moore and Company, takes a look at today's gas prices and price trends, and predicts the future of what we will pay at the pump.

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Defense Secretary Gates to outline Pentagon budget

by Marketplace Staff

May 24, 2011

Secretary Robert Gates is set to dictate Pentagon budget cuts before he ends his tenure at the Department of Defense. Michael O'Hanlon of the Brookings Institution explains.

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World Bank unveils $6 billion for Egypt, Tunisia

by John Dimsdale

May 24, 2011

The World Bank announced today that it will provide billions of dollars in aid for Egypt and Tunisia over the next two years. A chunk of the money will go to stabilizing budgets in the two countries.