Jul 2, 2008

Marketplace Morning Report for Wednesday, July 2, 2008

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Marketplace Morning Report for Wednesday, July 2, 2008

Segments From this episode

Government only helps wage disparity

Jul 2, 2008
In a new report, the United Nations points out that governments need to take more action against economic inequality. But commentator Will Wilkinson says the government plays a big role in maintaining that disparity.

Wal-Mart confronts working suits

Jul 2, 2008
A Minnesota judge ordered Wal-Mart to pay $6.5 million yesterday for labor law violations. But Jeremy Hobson reports the case is just one in 70 lawsuits around the country alleging the same issues.

A very big pot of Irish gold

Jul 2, 2008
An exploration company has discovered a huge gold mine in Ireland which could be the biggest ever found in the British Isles. Joe Zefran reports the mine will create 600 new jobs and take three to four years to open.

InBev threatens to get hostile

Jul 2, 2008
Stella Artois parent InBev is warning Anheuser-Busch that it could get hostile. Stephen Beard reports InBev is prepared to make an appeal directly to shareholders, some who are receptive to the company's bid.

Manufacturing data not hard

Jul 2, 2008
The Commerce Department releases numbers on factory orders this morning, following yesterday's manufacturing survey. But Ashley Milne-Tyte market volatility means these reports aren't always what they appear.

Afghanistan working to bare fruit

Jul 2, 2008
Afghanistan has an age-old reputation as an exporter of high quality nuts and dried fruits, but many orchards and a great deal of knowledge were lost in wartime. Gregory Warner explores the country's seeds of regrowth.

McCain supports Colombia free trade

Jul 2, 2008
Republican presidential candidate John McCain is in Colombia today in support of a free trade deal. Democratic candidate Barack Obama does not support the deal. Dan Grech has more on the specifics of the proposed agreement.

Blockbuster takes back Circuit City bid

Jul 2, 2008
Blockbuster has taken back its billion-dollar bid for electronics chain Circuit City. Weak sales and stiff competition are partially to blame. Amy Scott reports Circuit City may still be looking for a buyer.

The team

Stephen Ryan Producer, BBC