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Marketplace Morning Report for Wednesday, June 1, 2011

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Marketplace Morning Report for Wednesday, June 1, 2011

Segments From this episode

U.S. and Russia to supply Afghans with helicopters

by Peter van Dyk Jun 1, 2011
U.S. troops in Afghanistan will get 21 helicopters from Russia, who was happy to strike the deal.

Sports organizations try to tackle match fixing

by Christopher Werth Jun 1, 2011
Big sports organizations like the IOC, FIFA, and UEFA are grappling with how to tackle corruption as it becomes more widespread.

Detroit places economic hopes on cruise ship dock

by Sarah Hulett Jun 1, 2011
The city's $22 million cruise ship and ferry terminal was mostly funded through federal dollars. It could help revitalize the area's economy, but not many ships are calling in.

Jared Bernstein on the debt ceiling and economic recovery

by Marketplace Staff Jun 1, 2011
The former chief economist to the vice president talks about what he thinks will happen with the debt ceiling, and why he left his position at the White House.

Twitter buys AdGrok to boost ad sales

by Steve Henn Jun 1, 2011
Twitter announced yesterday that it has acquired the Internet advertising startup AdGrok. The social media site hopes the partnership will boost ad revenue.

WHO says cell phones are 'possibly carcinogenic'

by Gregory Warner Jun 1, 2011
The World Health Organization says mobile phone use might increase the risks of certain types of brain tumors, especially in children and teenagers.
BBC World Service

Natural disasters cause Australia's economy to shrink

by Phil Mercer Jun 1, 2011
Australia's economy was hit by the biggest fall in 20 years in the first quarter, shrinking by 1.2 percent, after extreme weather struck at home and abroad.

Jobs picture gets cloudier before key report

by Marketplace Staff Jun 1, 2011
The number of planned layoffs at U.S. firms increased in May -- up 1.8 percent according to a report from Challenger, Gray & Christmas, Inc. CEO John Challenger explains.

ADP: Private employers added just 38,000 jobs in May

by Marketplace Staff Jun 1, 2011
According to a report today from the payroll firm ADP, private employment increased by only 38,000 in May. Mark Zandi, chief economist at Moody's Analytics, explains.

Slow growth in private employment as home prices continue to fall

by Marketplace Staff Jun 1, 2011
Richard DeKaser, chief economist with the Parthenon Group, explains today's job numbers from ADP, and how falling home prices are impacting the job market.

Mixed sales numbers for GM as auto industry prepares to hire

by Marketplace Staff Jun 1, 2011
General Motors announced today that auto sales slipped in May. Kristen Dziczek, labor specialist at the Center for Automotive Research, explains today's numbers from GM, and how they will impact future hiring.

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