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Nov 19, 2008

Marketplace Morning Report for Wednesday, November 19, 2008

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Marketplace Morning Report for Wednesday, November 19, 2008

Segments From this episode

America does not need more czars

Nov 19, 2008
President-elect Obama is considering several "czar" positions for his cabinet to head up everything from technology to cars. But commentator Will Wilkinson says the only thing czars are good at is looking busy.

Big Three failure would raise job losses

Nov 19, 2008
Detroit's car makers will try again to get help from the U.S. financial bailout today. The Big Three claim it would be more beneficial to the U.S. to be bailed out, and Janet Babin explains one bank report backs them…

FDA's global efforts start in China

Nov 19, 2008
The Food and Drug Administration opened up its first overseas office today in China in an attempt to get closer to where issues could start. Scott Jagow talks to Scott Tong in Shanghai about other FDA offices to follow.

Corporations team up on climate fight

Nov 19, 2008
Corporate leaders are banding together to push Congress for more aggressive green mandates, from renewable energy to a stricter cap and trade system. Sarah Gardner reports what else the new coalition, BICEP, is pushing.

Mortgage powers to bankruptcy judges

Nov 19, 2008
Today, the Senate will consider allowing bankruptcy judges to modify terms of mortgages for homeowners in trouble. John Dimsdale explores how this could potentially make many mortgages out of reach for the middle class.

Automakers' troubles hit hard in Mexico

Nov 19, 2008
The town of Saltillo, Mexico was nicknamed "Little Detroit" for its bustling car manufacturing industry. But declining auto sales have taken their toll on the town's related businesses. Dan Grech reports.

Ships in costly fight with pirates

Nov 19, 2008
Pirate have been hijacking ships crossing the Gulf of Aden, a stretch of water between Yemen and Somalia. Stephen Beard reports the costs of the lotting and how ships might be able to avoid future trouble.

Early lessons for Dems in fundraising

Nov 19, 2008
Congressman John Dingell, chair of the House Energy and Commerce Committee is holding a fundraiser today for freshman Democrats. Nancy Marshall Genzer looks into the money message this sends to newcomers early on.

The best states for starting a business

Nov 19, 2008
A new report ranks states by the climate for new economic growth. Mitchell Hartman reports why Massachusetts, Washington and Maryland, among others, provide a supportive environment for start-ups.

Big Three bailout may not help sales

Nov 19, 2008
Even if the Big Three were to be bailed out, it doesn't mean that customers will come running. Janet Babin reports the issues surrounding auto companies with questionable futures and how the government could help.

The team

Stephen Ryan Producer, BBC