Marketplace AM for April 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.
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.
It's time for another segment of The Job Files. This week, we meet Walter Smith, who's been checking coats for 45 years.