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E-Commerce Buzzwords

| May 10, 2005
Consumers and online businesses have a new problem to grapple with: a scam called pharming. Curt Nikisch reports. Then, there's another term that's becoming more common now among Internet retailers. It's called long-tail. Commentator Tom Standage of the Economist Magazine explains.

Ameritrade merger

| May 9, 2005
E-Trade's in talks about a possible merger with rival Ameritrade. The price tag... more than $5.5 billion dollars. Sounds like a perfect marriage. If the two companies got together, they'd barely even have to change the letterhead. But there's more to it than just cutting down on printing costs, according to reporter Dennis Berman of the Wall Street Journal:
Posted In: Wall Street

Post foster care

| May 9, 2005
May is National Foster Care Month. The foster care system is supposed to care for children who are abused or neglected or whose parents can't care for them. But a recent study of foster care alums finds many end up hurt by the system that was supposed to protect them. And once they turn 18, they're on their own--often without the skills they need to fend for themselves. The damage takes both an emotional and economic toll. Marketplace's Hillary Wicai reports from the work and family desk:

NYSE liquidity

| May 9, 2005
The planned merger between the New York Stock Exchange and the electronic trading firm Archipelago is being challenged in court. A retired broker named William Higgins--who owns an exchange seat--says he and other seat owners should be getting more cash out of the deal. He's accusing NYSE execs of "grossly undervaluing" the exchange. Meanwhile the man behind the deal--NYSE chief John Thain--said today the lights on the exchange's famous floor won't be going out anytime soon. Marketplace's Bob Moon has that story:
Posted In: Wall Street

MFA vs MBA

| May 9, 2005
Business schools will be launching their graduates into the real world over the next few weeks. Fed Chairman Alan Greenspan speaks at Wharton's commencement this Sunday. Pepsico's president will do the honors at Columbia Business School next Wednesday. General Electric's CEO Jeff Immelt shares his thoughts with the graduating class at the Harvard Business School in June. These stars are all at the top of their game. But commentator Dan Pink says an MBA won't necessarily get you there:

Starbucks & libraries

| May 9, 2005
McDonald's is lovin' it. The fast food giant said today its sales jumped 2.8% last month. Part of the reason--the new stronger coffee Mickey D's is dishing up for breakfast. Specialty coffee has also been a big draw for bookstore chains like Borders and Barnes & Noble. That's helped siphon business away from many libraries. But now some libraries on the outskirts of Chicago are taking a page out of that playbook. Borzou Daragahi reports:

"The Sloan Sessions": Junkyard dogs

| May 9, 2005
GM and Ford's credit ratings are both listed as "junk status" now by Standard & Poor's. In this edition of The Sloan Sessions, host Kai Ryssdal talks to Newsweek's Wall Street editor Allan Sloan about what it means for the automakers and the challenges they face as they try to break free of the financial junkyard.

Guns for jobs, in Israel

| May 9, 2005
Palestinian president Mahmoud Abbas isn't taking guns away from militants, but he's offering an attractive incentive for them to put them down: jobs. From Ramallah, Nancy Updike reports.
Posted In: Canada

Google Rankings

| May 6, 2005
Wanna know where the market closed?Google it. Wanna recipe for salmon teriyaki? You can google that, too. Google's success as a premiere search engine is thanks in part to its speed and its broad reach. But it's also cooked up its own secret recipe for ranking websites. Now the company's trying to patent a new technology for ranking news stories as Curt Nickisch reports.
Posted In: Science

Iran and Rover

| May 6, 2005
The bidding war for British car maker MG Rover got a little hotter this week. The government of Iran said it might make an offer to acquire the bankrupt company. Turns out, Iran already has a foot in the door. One of the country's automakers has held talks with Rover about building 150 thousand of its cars a year. Now it's not that Iran needs Rovers, per se. The government already manufacturers a very popular car called the Peykan. But as of the end of this month, it's headed for the scrap heap. Reporter Borzou Daragahi explains.
Posted In: Canada

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