“Marketplace Morning Report,” hosted by David Brancaccio, is the business news you need to know to start your day. “Marketplace Morning Report” gets you up to speed on what you missed when you were sleeping, kicking off each weekday with a global business update from the BBC World Service in London.
08-28-2014 - Morning Report - Detroit's water
First up, more on the news that the FBI is looking into a major attack by computer hackers directed against more than one major U.S. bank. Bloomberg News was first to report -- Sources then told the New York Times that it was JP Morgan and as many as four other financial firms were the target of a sophisticated attacks. Plus, in Detroit, the city's water department is back to shutting off supplies to residents who are behind on their water bills. Thousands of people -- many of them very poor -- have already had their water cut off or are at risk of having it shut off. A handful of fundraising campaigns have been launched to assist. We look into whether those efforts are helping. And the Federal Communications Commission is thinking about getting rid of what's known as the NFL television blackout rule. The rule says NFL games can't be broadcast locally unless they're sold out. The Congressional Black Caucus is opposed to the change and here's why: they say the elimination of the blackout rules will drive the NFL to air games on cable.