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.
From Miami: A week from today Starbucks will raise the price of a cup of its gentrified Joe for the first time in four years. And it's not just Starbucks--the price of coffee everywhere is on the rise. To find out why, you have to look south of the border...
From New York: Remember last year? American Airlines asked its labor unions to take 15% pay cuts to save the airline $1.8 billion, only to reveal later that its top executives were still lined up for big bonuses. Maybe Delta learned something from the outrage that followed.
From Los Angeles: When the federal budget expires tomorrow, the government will keep moving along until a new one's in place. But one provision is set to expire, and Marketplace's Lisa Napoli tells us that's got some people worried...
From Mojave, California: Last June, when a team launched the first ever private space vehicle, most figured galactic tourism was more science fiction than. But this week, the same team is preparing two more flights out of the atmosphere. That coupled with Richard Branson's announcement about his space travel company could signal that taking a jaunt into the final frontier might be right around the corner.
From Los Angeles: The Transportation Security Administration made a pretty high profile snafu when it deported singer Cat Stevens... A-K-A Yusuf Islam... back to London last week after diverting his flight because his name, or one similar to his, was on a terror watch list.
From New York: Ever wish that business deals could be as interesting in real life as they are in the movies? Take the gambling business--which has played a prominent role in many a mobster flick...
From Tokyo: Rising oil prices could take a big toll on Asia's economies.
From London: Currency trading around the world has leapt to a record $1.9 trillion a day. It's both a sign of a healthier market and increased speculation...
From New York: Half the United States defense budget goes to outside contractors every year. A new study sheds some light on how those contracts are won.
Features
Sweeping up Fannie Mae
Now that Fannie Mae has just agreed to clean up its accounting and operations, it might be attractive for political leaders to put the mortgage financier's scandal behind them. But it may be tough to sweep it under the carpet, as commentator Robert Reich tells us in this edition of The Public's Business
The risk of helping Americans in Iraq
Insurgents battling the U.S. in Iraq have taken out their rage on Iraqis who work with the coalition. Hundreds of Iraqis working even the most menial jobs for the American authorities have been gunned down, kidnapped or murdered. Borzou Daragahi reports on one young man who signed up to help the Americans.