Segments From this episode
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.
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.
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.
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.
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.
Marketplace Morning Report for Tuesday, May 24, 2011