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Biotech keeps rising

Feb 24, 2005
While many traditional manufacturing jobs have migrated overseas, some industries are expanding their manufacturing in the U.S. Namely, the biopharmaceutical industry. Reporter Alison St. John visited a new $380 million biotech plant outside of San Diego that makes things you can't even see.

The spring training business model

Feb 24, 2005
That age-old ritual, Spring Training, is underway in Florida and Arizona. As early as 1870, the Cincinnati Red Stockings and the Chicago White Stockings held training camps in New Orleans. But things have changed. Sports commentator David Carter says spring training has become a big part of baseball's business model.

More bad news for Disney?

Feb 23, 2005
The biggest split since Brad and Jen is about to hit Hollywood. From all reports Miramax studio chiefs Harvey and Bob Weinstein are breaking off from the Walt Disney company. Disney bought Miramax 12 years ago. The separation may be official by the end of this week, just in time for the Academy Awards. Ian Mohr covers Miramax for the industry bible Variety...

What's in a name? Perhaps a kiss

Feb 23, 2005
We spent some time scratching our heads today over the latest news from Hershey's. It seems candyland wants to change its name. From Hershey's Food Corp -- to, ok, are you ready for this -- Hershey Co. Marketplace's Lisa Napoli takes a bite.

That sinking dollar ...

Feb 23, 2005
President Bush continued to wend his way through Europe today. At Weisbaden Army Airfield in Germany he told U.S. troops who'd served in Iraq that America stands with them. He's on what many see as a fence-mending trip to ease tensions over the Iraq war. But Marketplace commentator Robert Reich argues the real action is taking place in another part of the globe entirely.

The Iran card

Feb 23, 2005
While he was in Germany President Bush used a photo-op with Chancellor Gerhard Schroeder to reassure European allies that the U.S. is not planning to attack Iran over its nuclear weapons ambitions. Just weeks ago the Administration pressured the subsidiaries of two major U.S. companies to leave Iran and urged European companies to reduce their presence there. That may have caused a few rumblings on the ground. But as Borzou Daragahi reports... so far no one's rushing to pull up stakes.

Coming home

Feb 23, 2005
What do you think of when you imagine troops arriving back home from tours of duty in Iraq? Judging from pictures of some of them returning this week... there's lots fanfare... balloons... big hugs and lots of kisses. That's all well and good but there's something else a lot of the returnees are facing... a financial ambush. Alison Saint John reports from the Camp Pendleton Marine Corp base outside of San Diego.

That was quick!

Feb 23, 2005
Martha Stewart Living Omnimedia released its fourth-quarter earnings report today -- not a good thing. Martha Stewart, convicted felon, is scheduled to be released from prison next week -- a good thing, at least for her. Now... Martha the company is having trouble with the recipe for financial success. Wall Street seems convinced that having Martha, the person, back in the kitchen will fix everything. Marketplace's Bob Moon reports some analysts would rather order takeout.

Up, up and away

Feb 23, 2005
Crude oil charged up to a four month high in New York yesterday, closing at $51.15 a barrel. Cold weather in the eastern U.S. and in Europe are partly to blame. But there's another factor - the falling dollar. Marketplace Business Editor Cheryl Glaser explains. Also, higher oil prices can also reflect political turmoil in oil-producing nations. But commentator Sebastian Mallaby says sometimes, the higher prices go, the more problems for those countries.

Medical bonuses

Feb 23, 2005
Workers in many companies get bonuses if they do well. But the idea of "pay for performance" is relatively new in health care, and it's not entirely popular. As Helen Palmer reports from the Health Desk at WGBH, the idea is giving some doctors heartburn.

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