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Marketplace Morning Report
Monday - Friday 5:50am and 7:50am
Steve Chiotakis and Jeremy Hobson
Marketplace Morning Report is the morning sister program from Marketplace. It's the morning business news "for the rest of us" in the time it takes you to drink your first cup of coffee.
Thursday, December 5, 2013 4:53amToday, China's central bank officially barred Chinese banks from offering services connected to the virtual, digital currency Bitcoin. The government also issued a new set of regulations for Bitcoin exchanges in China. And, as federal health care reform unfolds, Marketplace continues to follow the city of Camden, New Jersey to see how the new law affects one community. Today, we visit to Cooper University Hospital, which is expecting a surge of patients starting next month, as millions of people get health insurance, some for the first time. The question for hospital executives is how to manage this new population. The answer: Take a page from the airline industry.
Wednesday, December 4, 2013 4:45amA half a dozen big banks like Deutsche Bank and JPMorgan have been hit with a record $2.3 billion dollar fine from the European Commission for colluding to rig two benchmark lending rates that set the price of money between banks -- something on which they were supposed to competing. How do you know when to start collecting Social Security? And, if you have missed fake newsman Ron Burgundy this week, you are living under a rock. The character played by Will Farrell has been everywhere promoting his new movie, "Anchorman 2" -- hawking Dodge Durangos, anchoring a real North Dakota newscast, and at Emerson College, where one of the actual schools will be renamed for him for a day.
Tuesday, December 3, 2013 2:25amA judge in Detroit is scheduled to decide if the city is eligible for bankruptcy protection, which it filed for back in July. Plus, native ads are ads that don't look like ads. They blend in with the main content of the site, like a promoted Tweet from Samsung about its new or an article about a miracle weight loss drug on a news site. This week, the Federal Trade Commission is hosting a meeting about native advertising. Finally, the Great Recession dealt a cruel blow to young people who were trying to break into the workforce at the time. Many faced long stretches of unemployment. Of those who did find jobs, they made less, and will continue to make less for years.
Monday, December 2, 2013 4:20amThousands of protesters in Kiev, Ukraine are blocking government buildings in the largest political crisis Ukraine has faced in nearly a decade. Demonstrators are calling for a change of government after the country's president abruptly ditched a deal for closer ties with the European Union. He says the EU deal would hurt ties with Russia. There's a new smart phone using the Android system that's hitting the market this week, with two screens -- one front, one back. And, it's not often the U.S. Treasury shakes things up. But next year, the Treasury is going to make a change, by issuing what's called a "floating rate note."
Friday, November 29, 2013 4:39amThe day after Thanksgiving in the U.S. has evolved from the day get a jump on shopping into something larger. This "mission creep" involves other types of businesses glomming onto the sense that if you are going to spend money, why not today? There's just been a groundbreaking for a four billion dollar railway from the port of Mombasa in Kenya to the capital Nairobi. It's the first phase of a massive rail project that could directly affect the economies of five East and Central African countries. And, hydraulic fracturing or fracking uses chemicals injected into the ground to break fossil fuel free from rock. Environmental concerns continue to swirl around the technique, even as the resulting fuel is moving the U.S. away from its energy dependence on the Middle East. And, fracking uses a lot of chemicals which delights the chemical industry.