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Soccer dream team Real Madrid kicks short

Mar 15, 2005
$250 million. That's how much it cost to assemble the greatest team in the history of soccer. After all, when you sign players like David Beckham, what do you expect? More than two straight losing seasons, that's for sure. The president of Spain's star-studded soccer team is ready for a change. Real Madrid will sell off the marquee talent and put the money into making a winner. Marketplace's European Bureau Chief Steven Beard reports.
Posted In: Canada

India's call centers battle burnout

Mar 15, 2005
Feel overworked and stressed out? Angry at your employer, perhaps? If so, you fit the profile. There's a new study out today from the Families and Work Institute. They surveyed workers in the U.S. Survey says? About a third feel overworked. Nearly a quarter of them are also clinically depressed. As more American jobs are outsourced, companies may be spreading something else. From New Delhi, Miranda Kennedy reports on a growing burnout factor.
Posted In: Canada

Reshaping the American labor movement

Mar 15, 2005
The American labor movement - losing membership and political clout - is trying to re-tool to become more relevant for modern workers. Union leaders have targeted the fastest growing segment of the labor force - professional and technical workers. But traditional unions have not kept pace with the changing nature of white collar work with the new world of contracting and outsourcing and temporary projects. John Dimsdale reports unions are being told they must change... or die.

China's Lenovo ... wants to know you

Mar 14, 2005
IBM today said it's agreed to an Ascential acquistion. The acquisition is the 40th in the past ten years by IBM's software group. And it burns up just over $1 billion. There's a certain symmetry here. Its almost as much as what IBM sold its PC business for a few weeks ago. The buyer: a Chinese company called Lenovo. You may not have heard of them. But as Jocelyn Ford reports, those folks at Lenovo have been hearing a lot about you.
Posted In: Canada

Bombay's new image

Mar 14, 2005
India's economy is surging. A recent economic survey predicted India will grow at 7% this year. But many say that to keep that growth going, India needs to improve its infrastructure. To that end, the government has devoted 6 billion dollars to a massive urban renewal project in India's financial capital, Bombay. Half of its 16 million residents live in the slums. As Miranda Kennedy reports, the government's first step is clearing them out.
Posted In: Canada

Mailbag for March 12, 2005

Mar 12, 2005
Our economics editor Chris Farrell answers more of your burning money questions. This week: advice on requesting a fraud alert, investing money in your teens, protecting an invention, and buying disability insurance.

Iran and Venezuela cozy up

Mar 11, 2005
You've heard President Bush talk about Iran's "moolahs" ... If one of those "moolahs" were to pay a state visit to the Americas...Maybe, stop in for dinner with some left leaning leader... Imagine the fits that would give the White House. Perhaps that's what Mohammed Khatami has in mind. Iran's President is visiting Caracas, Venezuela. From the Americas Desk at WLRN, Dan Gretch tells us its a business trip. With, perhaps, a little pleasure on the side.
Posted In: Canada

That weak U.S. dollar - and why it matters

Mar 11, 2005
The U.S. trade deficit has reached the second-highest level on record. The gap between what we import and what we sell abroad hit $58.3 billion in January. Today's news triggered another dip in the dollar. Does any of this really matter? Fair question. Alan Greenspan doesn't think so. "Not overly worrisome".That's what he said yesterday.But they're not so sure in London, where most of the world's currency trading is done.Some wonder if the U.S. has handed a powerful weapon to its adversaries. Marketplace's Stephen Beard explains.
Posted In: Canada

College alumni, and the money chase

Mar 11, 2005
On Sunday, men's college basketball teams find out whether they made it into the March Madness tournament. The Big Dance also means big money. Participating colleges and conferences will divvy up $114 million from CBS for broadcast rights. A tournament slot can also make it easier to convince alumni to write a check. Universities rely more than ever on alumni giving. But as South Dakota Public Radio's Curt Nickisch reports, it's generosity with a twist.

Europe's productivity battle with the U.S.

Mar 10, 2005
The unions insist it's a coincidence.Olympic Inspectors were 'inspecting' Paris for a bid to host the 2012 games. Also today: strikes and marches shut down bus and train service in 55 French cities. The demonstrators are hoping to save their 35-hour work week.But with the U.S. economy growing faster than that of Europe... Commentator Amity Shlaes wonders if the protesters' timing is less than impeccable.
Posted In: Canada

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