Nov 9, 2011

Marketplace Morning Report for Wednesday, November 9, 2011

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Italy's borrowing rates climb over 7 percent, and it looks increasingly likely that a technocratic government might need to step in at the end of Silvio Berlusconi's leadership. Italy is also facing another crisis: a shortage of white truffles. A Senate panel looks at the best way to improve transportation infrastructure in the U.S., and the FCC will announce a deal to bring low-cost computers and Internet connections to low-income households.

Segments From this episode

Mid-day Extra: Are brands politically neutral?

Nov 9, 2011
As Election Day results come pouring in, we look at one study that shows how Republicans and Democrats differ in their brand preferences.

Pros and cons of a technocratic government

Nov 9, 2011
With elected officials in the eurozone failing to fix their countries' problems, technocratic governments may rise to take over. But there are downsides in allowing the technical experts to come in.

Retailers introduce interactive 'shopping walls'

Nov 9, 2011
Stores like Sears and Wal-Mart are debuting walls where shoppers can scan QR codes and make purchases with their phones.
This photo taken March 11, 2005, shows a 'QR Code' being displayed in a camera-equipped mobile phone in Tokyo. QR Code allows users to enter text information such as name and address on a name card, Internet URL or e-mail address, into mobile phones easily and quickly.
TORU YAMANAKA/AFP/Getty Images

Italy's other crisis: White truffle shortage

Nov 9, 2011
A dry summer has hurt the white truffle harvest in Italy, leaving an impact on the usually lucrative market.

Why insurance companies want the individual mandate

Nov 9, 2011
The individual mandate that would require all Americans buy health insurance is one of the heated issues coming to the Supreme Court as it considers the constitutionality of Obamacare.

Lagarde speaks in China, warns of a 'lost decade'

Nov 9, 2011
The head of the IMF, Christine Legarde, thinks the world economy is on the verge of a 'lost decade,' and is turning to the Chinese to help prevent it.

Cost of borrowing in Italy hits record high

Nov 9, 2011
Markets are worried as the cost of borrowing in Italy heads over 7 percent, even after plans for Silvio Berlusconi to step down.

Italian bond yields reach 7%, increasing worries in Europe

Nov 9, 2011
With the cost of borrowing hitting record highs in Italy, banks, pension funds and insurance companies worry about the repercussions.

Senate panel debates transportation spending

Nov 9, 2011
Members of the Senate today will discuss how to improve the country's infrastructure, and how we can go about funding the changes.

Josh Brown: Italy too big not to be bailed out

Nov 9, 2011
We speak to Josh Brown of Fusion Analytics about Italy passing the 7 percent mark on its bond yields, and what that could mean in the coming months.

FCC announces $4 billlion to bring Internet to low-income families

Nov 9, 2011
The Federal Communications Commission is announcing a $4 billion plan today to help bring cable and computer companies together to provide low-cost Internet connections.

Berlusconi's eventual departure cheers Italians, but not markets

Nov 9, 2011
Today in Italy, citizens are generally happy about the idea that Berlusconi will soon be gone from power. But it isn't fast enough to save the markets.

Major container shipping line posts big losses

Nov 9, 2011
The world's biggest container shipping company, Maersk, posted big losses in the last quarter, and that might not bode well for the economy at large.

Italy's borrowing rates climb over 7 percent, and it looks increasingly likely that a technocratic government might need to step in at the end of Silvio Berlusconi's leadership. Italy is also facing another crisis: a shortage of white truffles. A Senate panel looks at the best way to improve transportation infrastructure in the U.S., and the FCC will announce a deal to bring low-cost computers and Internet connections to low-income households.

The team

Stephen Ryan Producer, BBC