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India's digital divide may be shrinking

| Mar 22, 2005
Dell computer says it'll hire another 1300 customer service reps for a call center in India. India's recent advancement in I-T seems a little out of sync with the fact that only 14 of every thousand people own a computer.As Miranda Kennedy reports from New Delhi, bridging the digital divide is a top priority. Also, commentator Tom Standage says the Digital Solidarity Fund is another top-down strategy that likely won't work.
Posted In: Canada

Greenspan has plenty of critics in Europe

| Mar 22, 2005
The Fed's Open Market Committee meets today to make a decision about interest rates. Given the global dominance of the U.S. dollar, the world will be watching. But not everyone will be cheering Alan Greenspan for his stewardship of the American currency. Although he is widely admired, there is a small but growing band of foreign skeptics who are deeply critical of the Fed Chairman, as Stephen Beard reports from London.
Posted In: Canada

Terry Schiavo battle has broad impact

| Mar 21, 2005
The battle wages on over Terri Schiavo.A federal judge is now deciding whether to restore the brain-damaged woman's feeding tube after a bill was rushed through Congress this weekend, moving the case from state to federal court. Moral questions aren't the only tough issues this case poses. There are big financial implications, too. With Washington wading into the debate, will doctors now feel pressure to keep patients alive at all costs? Or will those costs be limited by what lawmakers think taxpayers are willing to pay? Marketplace's Bob Moon reports.

Wind power investments - Strong wind profits?

| Mar 21, 2005
Gasoline prices have jumped 12 cents in the last two weeks. That's enough to make hardcore V-8 fans take a second look at hybrids. But Goldman Sachs is doing more than just window shopping. The investment bank said today it's buying Zilkha Renewable Energy - a private wind-energy development company. The deal appears to be part of what Goldman says is a plan to play a leading role in the renewable energy business. With us to talk about this is Ann Davis, a senior special writer for the Wall Street Journal...
Posted In: Science

Parking a car in New York City?

| Mar 21, 2005
New York City has just started offering a discount on parking tickets - if drivers promise not to fight it. A $35 ticket drops to $26 if you fess up. The idea is to save judges and courts some time. The city began offering a similar deal to businesses last summer - companies like UPS can rack up almost 5,000 tickets a week. But for some urban drivers, the problem isn't the ticket. It's that the parking itself is disappearing as James Murdock reports.

Mergers shine in the skin and beauty industry

| Mar 21, 2005
First we had reality shows like "Extreme Makeover" and "The Swan". They were a sign that cosmetic surgery had gone mainstream, whether you're talking an eyelift or a full-fledged tummy tuck. Those procedures can also be big business, if a $2.8 billion merger unveiled today is any indication. Medicis Pharmaceuticals makes drugs for skin conditions from acne to wrinkles. Inamed specializes in obesity treatments and breast implants. Together, the two companies hope to stake a bigger claim in the growing vanity market as Alisa Roth reports.
Posted In: Wall Street

Recruiting teachers becoming a big business

| Mar 21, 2005
We keep hearing about how American jobs are going overseas. Just today, computer giant Dell said it would hire another 1200 people at a call center in India and build a factory in eastern Europe. In some cases, though, the jobs are still here. But many people don't want them. Take schools, for example. A shortage of homegrown teachers means our school systems now employs more than 15,000 foreigners. The trend is growing... and so is the business of recruiting teachers overseas as Work and Family correspondent Sarah Gardner found out.

Decisions, decisions. Public vs. private?

| Mar 21, 2005
Public or private? That's the dilemma facing many parents right now as they wait for what they hope will be acceptance letters from private schools. But getting in is the least of your problems as humorist and commentator Sandra Tsing Loh explains in this edition of "The Loh Down"...

General Motors: will the auto giant survive?

| Mar 21, 2005
Are the economic wheels falling off of General Motors? In this edition of The Sloan Sessions, Newsweek's Wall Street editor Allan Sloan reviews the latest woes being faced by the nation's largest automaker.

Making hybrid vehicles even more appealing

| Mar 21, 2005
"HOV" lanes were intended to be the domain for drivers with at least one passenger in their car. Now, some states want to extend their use to folks driving solo... if they're behind the wheel of a hybrid vehicle. But as Cy Musiker reports, Uncle Sam may be putting the brakes on that idea before states can get up to speed.
Posted In: Science

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