Monday, May 3, 2004 The Marketplace Morning Report with Kai Ryssdal and Tess Vigeland is a series of seven 9-minute business news modules airing weekdays. This timely report delivers a global business newscast and a hard-hitting feature report. Visit the archive to browse previous stories. Note: Each of the broadcasts contains some of the newscast items below and one of the features. Since only a few radio markets get all seven broadcasts, we've made them available below.

Broadcasts Listen: 2:50 | 3:50 | 4:50 | 5:50 | 6:50 | 7:50 | 8:50 (times are a.m., Pacific Standard Time)

Newscast Stories From Washington: Until now abuses by private contractors in Iraq have been purely financial. But an internal Army investigative report obtained by Marketplace - lays much of the blame horrific abuse of Iraqi detainees in the Abu Ghraib prison at the feet of two employees of CACI - a private firm which supplied the Army with interrogators. From New York: Boeing holds its annual shareholder meeting in Chicago today. The company's still celebrating strong quarterly earnings and last week's commitment to build a brand-new jet. But two ongoing ethics investigations continue to cast a shadow on all the good news. From Ann Arbor: For the first time in almost 25 years, people in the Detroit area can watch cars being built. Starting today, Ford is letting the public watch the new F-150 pickup assembly line in Dearborn. From Washington: A new bill aimed at banning civilian trade of high-powered guns will be filed in Washington today. But firearm manufacturers are warning they need civilian customers, even for these heavier weapons. From New York: A study out yesterday says the U.S. spent a record $167 billion on criminal and civil justice in 2001. But, that year being the turning point that it was, no one will be surprised if the record doesn't hold. From Beijing: Asian stocks slumped Friday and currencies fell on a report China's central bank will raise its benchmark interest rate for the first time in nine years, as the government cracks down on investment to slow the economy and cut inflation. From Budapest: Hungarians woke-up with a hangover after a weekend of partying to celebrate their entry into the European Union along with nine other mainly former Communist countries. From Washington: The Bush administration says new Medicare discount drug cards will save seniors an average of 17 percent for name brand drugs and up to 30 percent for generics. But critics say savvy seniors who shop online can get similar prices - without the card. Features

A New, New Economy? In the late 1990's there was a lot of talk, and faith, in the so-called New Enconomy. So what's left after the New Economy. Host Kai Ryssdal speaks with Doug Henwood.

Google, Google The dust is settling on last week's long anticipated and much hyped announcement by Google that it will go public - and it's chosen an unusual method that lets bidders determine the initial stock price. Some are wondering if it will be worth investing in the popular search engine if the price goes too high. Marketplace's Bob Moon reports.