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The rising Yuan

Apr 29, 2005
Today the Japanese yen rose to a one month high against the dollar. But what's driving that surge is "Made in China". Investors are betting that China's currency (the Yuan) is about to rise in value, taking the yen and other Asian currencies with it. Beijing has signaled it may be about to do what the US has been pressuring it to do for a while: revalue its currency. Is this a serious opportunity to take a position in the currency markets and make a bundle? Beijing Bureau Chief Jocelyn Ford reports.
Posted In: Canada

The Plaza closes

Apr 29, 2005
F. Scott Fitzgerald waded fully clothed into its fountain. Frank Lloyd Wright and Judy Garland called it home. And of course there's Eloise, the fictional heroine who survived on its room service. Tomorrow the Plaza, one of New York's best known hotels, will shut its doors. And when it reopens sometime next year, it will be a very different place. Alisa Roth reports on why so many grand New York hotels are becoming very different places.

CEO buddies

Apr 29, 2005
CEOs of competing companies are supposed to be sworn enemies, right? Well, that might not be the best business strategy. New research finds that there are a lot of benefits for CEOs who befriend their rivals. Hillary Wicai reports on one such tandem.

Matza moolah

Apr 29, 2005
Passover wraps up this weekend. Israel's matza industry makes most of its "dough" -- $22 million a year -- during this time. But the country has only one supplier of kosher flour left. Nancy Updike reports Israel wants to end the monopoly, but faces an uphill battle.

Tyson's return

Apr 28, 2005
Boxer Mike Tyson is going back in the ring. But not for the glory, he's trying to pay off years worth of bills. David Brown speaks to Business of Sports analyst Diana Nyad about the comeback.

Outsourcing panic

Apr 28, 2005
India's third largest software exporter just announced that its income jumped almost 60 percent last year, on surging demand for outsourced services. That came as a relief in Bangalore, India's outsourcing capital. The city has been in a panic since Citibank in New York discovered that Indian call center workers stole over $400,000 from their customers. Miranda Kennedy has more from Bangalore.
Posted In: Canada

The millionaire's investment plan

Apr 28, 2005
A new survey suggests millionaires aren't necessarily that smart with their investments. Cheryl Glaser reports.

The turnover mindset

Apr 28, 2005
Sometimes employers are shocked when workers leave their jobs because they didn't see it coming. Host Tess Vigeland talks with Leigh Branham, author of "The 7 Reasons Employees Leave: How To Recognize the Subtle Signs and Act Before It's Too Late."

Will super-sized Airbus meet industry expectations?

Apr 27, 2005
The new Airbus super-jumbo -- the A380 -- lifted off for the first time today. But how well will it do with airlines? Marketplace's Stephen Beard reports.

Polaroid retirees see little from sale

Apr 27, 2005
Retired employees at Polaroid won't be seeing much of a payout when the $426 million sale of the company goes through today. They'll each get a mere $47. Compare that to a combined $21 million sendoff that Polaroid's chairman and chief executive are getting. Marketplace's Helen Palmer has the story.

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