Latest Stories

Latest Stories

Pages

The mystery ... of oil prices

| Dec 10, 2004
OPEC members met in Cairo today - and agreed to cut oil production by a million barrels a day. A reduction that big is supposed to drive oil prices up. That's not what happened. The price of light crude fell two dollars, closing at $40.50 a barrel. We asked our Stephen Beard to help explain what's going on...
Posted In: Canada

Meet Elliott Spitzer's A-team

| Dec 10, 2004
Atlanta based Crawford and Company provides claims management services for insurance companies. Today the firm was hit with a subpoena from the office of New York Attorney General Elliott Spitzer - part of his investigation of the insurance industry. Mr. Spitzer has made a name for himself as a crusader for consumer and investor protection, even upstanging the feds. He'll be playing on that success as he makes a bid for Governor of New York in 2006. Marketplace's Amy Scott introduces us to the team behind the Spitzer machine - led by a guy with a really great name.
Posted In: Wall Street

Go north, go north

| Dec 10, 2004
Hundreds of despondent Kerry voters in Seattle, San Francisco and LA came this week to explore "The Canadian Option." That's the name of a seminar put on by a Vancouver BC immigration law firm that's capitalizing on the rush by some Americans fed up with the Bushadministration. From KPLU public radio in Seattle, Bellamy Pailthorp reports.

Miss Manners goes to Germany

| Dec 10, 2004
In Germany, unemployment is stuck at 10 percent. The country's pension and health systems are in trouble. High wage costs are sending jobs abroad. But, what's really weighing of the minds of many Germans are things like which fork one uses for the salad? Or how does one excuse oneself to go to the bathroom during a meeting? Teaching etiquette has become one of the few growth industries in Germany. Kyle James reports from Berlin.

The Job Files: Securities Regulator

| Dec 10, 2004
You've heard a lot about Eliot Spitzer of late. The New York Attorney General is credited with cleaning up everything from Wall Street investment banks to mutual funds to the insurance industry. From the Job Files today, meet one of Spitzer's top lieutenants - The securities regulator. Produced by Amy Scott.

Volunteer Vacations

| Dec 10, 2004
Most people take vacations to relax. But what about using your free time to help those less fortunate? Tamara Keith reports

From rap ... to the boardroom

| Dec 9, 2004
Hip Hop musician Jay-Z is officially retired as a rapper. But he's making a comeback, of sorts, as the new CEO and president of Def Jam Records. Will a recording artist be able to succeed as the chief of a big-time label? Host David Brown and Variety's Phil Gallo discuss why Jay-Z got the job.

China and the WTO

| Dec 9, 2004
Tomorrow is the deadline for China to meet a promise to the World Trade Organization. It's supposed to open markets to outside investment. The Chinese would seem to be on target, if American investment is any measure: it doubled over the past year. But direct sales? That's still a work in progress. Marketplace's Jocelyn Ford explains why doing business a la Amway, Avon and Mary Kay is considered controversial.
Posted In: Canada

A clean and sober China?

| Dec 9, 2004
When one surveys business in China, one cannot overlook the numerous corruption scandals. Then again, if you're a foreigner trying to do business in China, you've almost had to overlook corrupt business practices just to get your job done. The Chinese government now says its serious about cleaning things up. Commentator Samuel Porteous wonders if its time to reconsider old assumptions.

Which way is up?

| Dec 9, 2004
Another story from Wall Street today. Shares of Toll Brothers, a luxury home building company that operates in 21 states - jumped more than 12 percent. This, after the company reported quarterly earnings that nearly doubled - far surpassing most analysts' expectations. Not only that, the firm boosted its forecast for next year. That wouldn't seem to square with an expected slowdown in the housing market - especially with interest rates heading up. Marketplace's Bob Moon reports.
Posted In: Wall Street

Pages