Feb 2, 2011

Marketplace Morning Report for Wednesday, February 2, 2011

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Marketplace Morning Report for Wednesday, February 2, 2011

Segments From this episode

Shift in American confidence drives truck sales

Feb 2, 2011
According to industry numbers, January sales of new cars and trucks increased 17 percent from 2010. Specifically, Americans were buying more trucks and SUVs. Scott Tong explains why.

Egypt reopens Internet connections, businesses react

Feb 2, 2011
As protests continue today in Cairo, citizens and businesses are reacting to a new political landscape. Egyptian President Hosni Mubarak has announced he'll step down later this year. And the Internet slowly returns to parts of the country.

It gets worse: Australia prepares for a powerful cyclone after record flooding

Feb 2, 2011
Just weeks after northern Australia was covered by floodwaters, the same part of the country prepares for a massive cyclone. Flood-ravaged businesses and communities are ready, reluctantly, for yet another economic and natural disaster, as economist Brian Redican explains.

Beatles record label is so 'Yesterday'

Feb 2, 2011
The famed EMI record label owns works by Pink Floyd and the Beatles. But it was also at the center of a flawed takeover deal that can used as a bellwether of the music industry as a whole. Stephen Beard…

January job numbers reflect stronger market

Feb 2, 2011
Job placement firm Challenger Gray and Christmas on Wednesday reported January job cuts hit a record low. Employers cut 39,000 jobs last month -- that's the lowest January figure since tracking began in 1993. CEO John Challenger explains.

Richard DeKaser: Job reports show strengthening economy

Feb 2, 2011
Jeremy Hobson speaks with Richard DeKaser, economist with the Parthenon Group, about two job reports out this morning. The payroll processing company ADP said private employers added 187,000 jobs last month. And job placement firm Challenger Gray and Christmas reported…

Flight cancellations could reach record high this month

Feb 2, 2011
With storms brewing across the country, winter weather is wrecking havoc on air travel. Airlines have canceled 4,800 flights so far today -- that's one out of every six departures. Coupled with the flights grounded yesterday, February is positioned to…

Look out Netflix: Amazon looks into online streaming

Feb 2, 2011
Amazon.com already offeres online movie rentals, but the Internet giant is hoping introduce moving streaming, similar to Netflix.com. John Moe has more.

Consumer spending may outweigh payroll tax cuts

Feb 3, 2011
Americans are getting a boost in the form of payroll tax cuts, but spending and gas prices may outweigh the impact.

The economic impact of a megastorm

Feb 3, 2011
It's estimated that one in three Americans will be affected by this week's megastorm. What kind of impact will it have on the economy?
A man carries shovels as he makes his way to his store in a neighborhood in Washington, D.C.
Eva Hambach/AFP/Getty Images

Google unveils Honeycomb software for tablets

Feb 3, 2011
Honeycomb is Google's first software designed specifically for tablets. The company hopes to get Android software running on as many tablets as possible rather than building tablets itself.

The team

Stephen Ryan Producer, BBC