Monday, July 28, 2003 The Marketplace Morning Report with Kai Ryssdal and Tess Vigeland is a series of seven 9-minute business news modules airing weekdays. This timely report delivers a global business newscast and a hard-hitting feature report. Visit the archive to browse previous stories. Note: Each of the broadcasts contains some of the newscast items below and one of the features. Since only a few radio markets get all seven broadcasts, we've made them available below.

Broadcasts Listen: 2:50 | 3:50 | 4:50 | 5:50 | 6:50 | 7:50 | 8:50 (times are a.m., Pacific Standard Time)

Newscast Stories From New York: Judy Martin reports the latest WorldCom investigation is not helping the bankrupt company. From Washington, DC: Julie Small reports that Western states’ taxing formulas are creating big budget problems. From New York: Ashley Milne-Tyte updates the state of pay raises in the U.S. A new study says good pay + perks = effective motivation. From Washington, DC: John Dimsdale has details on this week’s Senate action on the Energy Bill: Congress takes on two contentious energy issues. From London: Stephen Beard reports that British Airways is holding talks today to end the dispute with its check-in staff. The strike could adversely affect the airline’s future. From Washington, DC: Julie Small finds that while stamp artists are not highly paid, they’re highly exposed. From New York: Amy Scott offers a new example of how campaign contributions translate into Congressional votes. Features Japan puts money into hydrogen fuel cell research Many experts believe fuel cells are the answer to the world’s environmental and economic problems. But many are pinning their hopes on a technology that still requires a lot of development before it can hit the market -- if it can make it at all. Lucy Craft reports.

Should we care about the stock indices? How important is it for investors to know how well a stock market index does on any given day? William O’Neill of “Investors Business Daily” tells host Tess Vigeland what you need to be thinking about when someone gives you the numbers.

Sarbanes-Oxley one year later It’s the first anniversary of the Sarbanes-Oxley Act, designed to make corporations more accountable. “Newsweek’” Wall Street editor Alan Sloan tells host Kai Ryssdal what has changed and what hasn’t during the past year.