May 9, 2012

Marketplace Morning Report for Wednesday, May 9, 2012

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Despite holding elections over the weekend, no new government has formed in Greece. That's putting the future of its bailout in jeopardy. Here in the U.S., mortgage delinquencies are down. We look at how banks are faring adopting the mortgage…

Segments From this episode

PODCAST: An uncertain future for Greece, Post Office keeps rural posts open

May 9, 2012
Turmoil surrounds Greece as the nation remains without a new government. Profits are up at Disney, Toyota, and Macy's. In housing news, mortgage delinquencies are down. We take a look at how banks are adopting the mortgage settlement rules. The…

Portugal cuts four public holidays to trim budget

May 9, 2012
The Portuguese government announced plans to abolish four national holiday to help ease that country's debt crisis.

Post Office decides to keep small posts running

May 9, 2012
Postmaster General Patrick Donahoe discusses why the Post Office decided to change a plan to shut down hundreds of rural post offices, the new plan he's proposing, and how much money it will save.
Postmaster General and U.S. Postal Service CEO Patrick Donahoe announces a new plan to keep the nation's smallest post offices open despite ongoing budget troubles in Washington, D.C.
Chip Somodevilla/Getty Images

Study: More consumers using public spaces as work spaces

Have you gone to a cafe and found there are no seats left because people are using tables as their work spaces? We speak with Merlyn Griffiths from UNC Greensboro about a study she conducted on this phenomenon.
Have you gone to a cafe and found there are no seats left because people are using tables as their work spaces? We speak with Merlyn Griffiths from UNC Greensboro about a study she conducted on this phenomenon.
Frederick J. Brown/Getty Images

Markets worry as Greece struggles to form government

May 9, 2012
Once again investors are focusing on Greece as the nation tries to form a coalition government. It looks like more turmoil is on the horizon.

Consumers still spending despite economic worries

May 9, 2012
Kate Warne, investment strategist at Edward Jones, discusses why profits are up at Macy's given all the things weighing on consumers, and the latest earnings from Toyota and Disney.

Are more investors staying on the sidelines?

May 9, 2012
Charles Schwab CEO Walt Bettinger discusses how the investors mindset has fundamentally shifted since the financial crisis and whether investors should be worried about Europe.
Charles Schwab CEO Walt Bettinger discusses how the investors' mindset has fundamentally shifted since the financial crisis and whether investors should be worried about Europe.
Joe Raedle/Newsmakers

Mortgage delinquencies down

May 9, 2012
Credit reporting agency TransUnion says the percentage of people behind on their mortgages is down to its lowest level since 2009.

N.C. gay marriage ban: Bad for business?

May 9, 2012
Some North Carolina business owners worry the marriage amendment will be costly.

Banks try to adopt mortgage settlement rules

May 9, 2012
The big 49-state deal on mortgages was supposed to help clear the foreclosure backlog. So how are the banks faring now?

No new government yet for Greece puts future in doubt

May 9, 2012
Though Greece held elections over the weekend, a new government hasn't formed. Nick Malkoutzis with the Greek newspaper Kathimerini discusses the uncertainty surrounding the nation.

Is the all-you-can-eat model ever a good idea?

May 9, 2012
Unlimited data plans, unlimited airline miles, all-you-can eat buffets -- looking at the logic (or lack of) behind companies that launch all-you-can-eat plans.

Despite holding elections over the weekend, no new government has formed in Greece. That’s putting the future of its bailout in jeopardy. Here in the U.S., mortgage delinquencies are down. We look at how banks are faring adopting the mortgage settlement rules. The CEO of Charles Schwab discusses the mindset of today’s investors. And unlimited data plans, unlimited airline miles, lifetime subscriptions — is the all-you-can-eat model not a good one for companies?

The team

Stephen Ryan Producer, BBC