Jun 15, 2011

Marketplace Morning Report for Wednesday, June 15, 2011

Segments From this episode

Pfizer tries to extend its Viagra patent

by Gregory Warner

Jun 15, 2011

If drugmaker Pfizer loses a court battle today to generic manufacturer Teva over patent protection, the famous blue pill will be more cheaply available.

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Online bank ING Direct to be sold

by Bob Moon

Jun 15, 2011

In return for a government bailout during the financial crisis, the Dutch financial services giant is selling its big U.S. online bank.

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Dodd-Frank: More rules get delayed or weakened

by Jeff Horwich

Jun 15, 2011

One year after the passage of the Dodd-Frank financial overhaul, key regulators keep delaying or weakening new rules and regulations. The Commodities and Futures Trading Commission is also proposing to push back impending deadlines.

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French minister pressures Air France to buy Airbus planes

by Stephen Beard

Jun 15, 2011

Members of the French parliament are pressuring Air France to place a large order with the French plane-maker Airbus over US company Boeing.

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U.K. banks expected to 'ring fence' retail arms

by Stephen Beard

Jun 15, 2011

The British government is set to unveil new legislation that would separate retail banking from riskier investment banking. The changes aim to reduce the risk of future bailouts.

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Postal service industry leaders gather to discuss the future of snail mail

by Marketplace Staff

Jun 15, 2011

Last month, the United States Postal Service announced a $2.2 billion loss for the first quarter of 2011. With more and more transactions like bill payments occurring online, what does the future look like for the USPS?

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Rule proposed to regulate college credit hours

by Amy Scott

Jun 15, 2011

The House Education Committee will take up a bill today aimed at better controlling federally backed student loans and student debt. One new rule would define how accredited schools could define a credit hour.

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BBC World Service

Tanzania lawmakers move to divert personal profits to social funds

by Louise Redvers

Jun 15, 2011

According to Tanzania's opposition party, 13 percent of the country's budget is spent on stipends for members of parliament. Now, many politicians are moving to give up their stipends to help their constituents.

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Greek strikes over austerity turn violent

by Marketplace Staff

Jun 15, 2011

Richard DeKaser, economist with the Parthenon Group, explains why budget cuts in Athens sparked such violent protests, and connects the situation in Greece to U.S. negotiations over the debt ceiling.

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California: More urban rentals, fewer suburban homes

by Marketplace Staff

Jun 15, 2011

According to UCLA's quarterly economic forecast, more Californians are renting in the cities than buying suburban McMansions. UCLA's Jerry Nickelsburg explains.