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Marketplace Morning Report for Tuesday, November 5, 2013
Nov 5, 2013

Marketplace Morning Report for Tuesday, November 5, 2013

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New data from Europe show growth has likely slowed in the second half of the year, and that unemployment will likely stay high. Advocates pushing for high-speed rail in America begin their annual meeting in Los Angeles today. The U.S. High Speed Rail Association spends a lot of time dreaming about California. Construction is about to begin on a bullet train connecting LA and San Francisco. But outside California, the shovel-ready projects are tough to find. This coming weekend, Chinese leaders meet to hammer out economic reforms they hope will put the world's second-biggest economy back on track. On one of the reforms, President Xi Jinping started the ball rolling a year ago, when he ordered government officials to end lavish banquets. That had a tremendous impact on sales of baijiu, a grain alcohol that will knock you flat. But one Chinese company has selected an American to save the day.

Segments From this episode

Its industry in a slump, a Chinese Baijiu company hires American CEO

Nov 5, 2013
Chinese President Xi Jinping ordered government officials to put a stop to lavish banquets. And that had a tremendous impact on sales of baijiu, a Chinese grain alcohol as strong as moonshine. One Chinese company has chosen an American CEO to help resurrect its sales.

U.S. high-speed rail: Express to ... where?

Nov 5, 2013
An advocacy group pushing high-speed rail in the U.S. begins its annual meeting.

Bleak outlook for European growth

Nov 5, 2013
New data from the European Commission point to low growth for the near future.

Johnson & Johnson to pay $2.2 billion in Risperdal settlement

by
Nov 5, 2013
In one of the biggest cases of health care fraud ever, J&J is being fined for improperly marketing a drug for treating schizophrenia.

Want your country to be sexier? Rebrand!

Nov 5, 2013
When a country doesn't like what the world thinks of it, it turns to the same branding consultants as big companies.

Tough times for the ultimate driving machine

Nov 5, 2013
Quarterly profits were down for BMW.

Wall Street is doing great. What about your street?

Nov 5, 2013
This year, the stock market has been doing great. But what about everyone else?

PODCAST: Johnson & Johnson to pay $2.2 billion settlement

Nov 5, 2013
In one of the biggest cases of health care fraud ever, J&J is being fined for improperly marketing a drug for treating schizophrenia. When a country doesn't like what the world thinks of it, it turns to the same branding consultants as big companies. And, why Activision is spending millions to market the new "Call of Duty" game.

New data from Europe show growth has likely slowed in the second half of the year, and that unemployment will likely stay high. Advocates pushing for high-speed rail in America begin their annual meeting in Los Angeles today. The U.S. High Speed Rail Association spends a lot of time dreaming about California. Construction is about to begin on a bullet train connecting LA and San Francisco. But outside California, the shovel-ready projects are tough to find. This coming weekend, Chinese leaders meet to hammer out economic reforms they hope will put the world’s second-biggest economy back on track. On one of the reforms, President Xi Jinping started the ball rolling a year ago, when he ordered government officials to end lavish banquets. That had a tremendous impact on sales of baijiu, a grain alcohol that will knock you flat. But one Chinese company has selected an American to save the day.

The team

Stephen Ryan Producer, BBC