Jan 4, 2012

Marketplace Morning Report for Wednesday, January 4, 2012

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With the Iowa caucuses over and President Obama beginning his campaign, Jeff Tyler looks at whether labor unions with be a campaign issue in 2012. Auto makers in the U.S. are optimistic for car sales in the upcoming year. A mild winter means cash-strapped governments save money, but lack of snow can be costly for others.

Segments From this episode

PODCAST: New blood at Yahoo!, Consumer Financial Protection Bureau

Jan 4, 2012
Today was a day of new directions for Internet giant Yahoo!, which named a new CEO. And President Obama is expected to appoint a new top cop for protecting consumers. Meanwhile today, the low-calorie, natural sweetener Stevia got the green light to be sold in Europe; Italy said it will allow 24-hour businesses; U.S. car sales look good in 2012; and more headlines from the GOP campaign trail.
Yahoo has just named its new CEO. Will he be able to help the company with its troubles?
Justin Sullivan/Getty Images

Minimal snow in Midwest means big savings, headaches

Jan 4, 2012
A mild winter means cash-strapped governments save money. But lack of snow can be costly for others.

Popular candidates in Iowa can’t count on donations

Jan 4, 2012
Rick Santorum is the latest GOP candidate to face the problem of increasing popularity without an increase in political dollars.

Resurgent labor unions in Ohio could tip presidential race

Jan 4, 2012
Supporters and foes of collective bargaining rights will spend big on the presidential race in Ohio. Labor unions claim the issue has rallied their members.

U.S. spending on Afghanistan and the United Nations

Jan 4, 2012
In this week's quiz, Stephan Richter shows us how U.S. spending in Afghanistan stacks up against American spending for the United Nations.

Demand for German bonds remains strong

Jan 4, 2012
The hard economic times in Europe have actually been a good thing for Germany, which can still borrow at low rates and benefit in export markets.

Chinese company to invest in U.S. oil drilling

Jan 4, 2012
Sinopec will spend billions of dollars on a partnership to drill for natural gas in Ohio. The company is hoping to gain the needed expertise to grow the fracking industry in China.

Shiny outlook for U.S. car sales in 2012

Jan 4, 2012
As automakers report December sales, several industry analysts predict sales growth of one million new cars this year, to nearly 14 million.

Stevia braces for a sweeter year in U.S., Europe

Jan 4, 2012
The low-calorie, natural sweetener Stevia is set to show up in more drinks and desserts this year. Its market share grew in the U.S. last year, and now the European Union will also allow its sale.

Yahoo names former PayPal head as new CEO

Jan 4, 2012
Yahoo has a new CEO -- Scott Thompson -- current head of eBay's online payment system, PayPal. Thompson replaces Carol Bartz, who was fired from Yahoo in September.

Yahoo's new CEO could shake up company

Jan 4, 2012
Yahoo has named Scott Thompson, formerly of PayPal, as its new CEO. Will his skills transfer to the Internet giant?

Kodak could get kicked off NYSE

Jan 4, 2012
Kodak's gotten a warning from the New York Stock Exchange that it will get booted off the big board if it can't boost its average stock price above a dollar a share.

Italy allows businesses to open for 24 hours

Jan 4, 2012
In an effort to boost the economy, Mario Monti announced that Italian businesses can now stay open at all hours. That has some Italian shopkeepers worried.
A man sits at a cafe terrace on December 2, 2011 in Rome. Businesses throughout Italy could soon be open much longer hours.
FILIPPO MONTEFORTE/AFP/Getty Images

Obama appoints new head of CFPB

Jan 4, 2012
The president plans to use a recess appointment to name Richard Cordray as head of the Consumer Financial Protection Bureau.

Mid-day Extra: In-flight wi-fi isn't so popular

Jan 4, 2012
Only a small percent of airline passengers log on to the internet in-flight despite a growing number of airlines and private services
Guests try out the wireless connection to the Internet on their laptops onboard Boeing's latest aircraft 'Connexion', which allows passengers to connect on the Internet in flight.
Photo by STR/AFP/Getty Images

With the Iowa caucuses over and President Obama beginning his campaign, Jeff Tyler looks at whether labor unions with be a campaign issue in 2012. Auto makers in the U.S. are optimistic for car sales in the upcoming year. A mild winter means cash-strapped governments save money, but lack of snow can be costly for others.

The team

Stephen Ryan Producer, BBC