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China opens the door to new investment

Alisa Roth | Jan 31, 2006
New rules that go into effect today allowing foreign investors to own a larger percentage of Chinese companies. Alisa Roth has the details.

Warm January

Jeff Tyler | Jan 31, 2006
With one day left, January 2006 is expected to go down in the books as one of the warmest Januarys on record. Jeff Tyler looks at what impact the abnormal temperatures have had on snow-dependent businesses.

Kraft restructures

Ethan Lindsey | Jan 31, 2006
The maker of Jell-O, Oreos and other brands has announced plans to lay off 8,000 workers in an effort to restructure in the face of slumping sales. Ethan Lindsey reports.

Hungry piggy banks

Stacey Vanek Smith | Jan 31, 2006
The savings rate among Americans is the lowest it's been since the Great Depression, according to the Commerce Department. Stacey Vanek-Smith reports.
Posted In: Economy

Chastising Iran

Stephen Beard | Jan 31, 2006
Iran got some bad news last night: The US and other key nations agreed the country should be reported to the UN for their nuclear activities. That could mean a number of different things politically, but the economic impact could be dramatic -- sanctions are a possibility. As Stephen Beard reports from London, that really means just one product -- oil.

Enron jury selection begins

| Jan 30, 2006
No vengeance allowed.That was the judge's message today to potential jurors in the trial of former Enron executives Ken Lay and Jeff Skilling. The curtain went up today on what is perhaps the most highly anticipated corporate fraud trial of the last few years. Skilling and Lay are charged with multiple counts of fraud and conspiracy in the scandal that drove the energy trading company into the ground. We spoke with Houston Chronicle reporter Mary Flood during a break in today's proceedings and asked her about what's looking like a very compact jury selection process.

Exxon-Mobil profits

Bob Moon | Jan 30, 2006
Last year was a gusher of a year for the world's biggest oil company. Exxon-Mobil reports today that it took in profits of more than $36 billion dollars in 2005. That's believed to be the single largest annual profit in history for any American company. In just the last three months of the year, the Texas-based oil giant cleared $11 billion in profits. The numbers are record-shattering, but are they excessive when they only add up to roughly 10% of the company's total sales. Marketplace's Bob Moon takes a closer look:

Saying goodbye to Greenspan

Scott Tong | Jan 30, 2006
Tuesday, the nation's uber-economist takes his victory lap. It's Alan Greenspan's last day as Fed chairman. Most people in this country could probably identify Alan Greenspan's name and maybe that he's the Fed chairman, even if they have no idea what the Fed does. What is it about the guy? Here's Marketplace's Scott Tong.
Posted In: Economy

Kodak tries to get the digital age in focus

Janet Babin | Jan 30, 2006
Eastman-Kodak is the world's largest maker of photographic film, but these days lots of people don't even use film to take pictures. As a result, the company posted its fifth consecutive loss today and warned it could lose more than a billion dollars more this year. Some now say it could be years before the company fully crosses the digital divide. From Marketplace's Innovations Desk at North Carolina Public Radio, Janet Babin reports:

Investing on credit

| Jan 30, 2006
There's turther evidence today that Americans just can't get enough stuff. The national savings rate is at its lowest point since the Great Depression. Commentator Barry Nalebuff says he has a better idea for where to put your money. Invest in stocks like you invest in a mortgage... on credit.

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