08/06/07
Marketplace AM for August 6, 2007
Episode Description:
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Brits must stamp out foot & mouth again
The U.K.'s meat and livestock industry is still suffering the effects of 2001's foot and mouth disease outbreak, not to mention mad cow, so the government's acting swiftly to minimize the impact of this latest case. Stephen Beard reports.
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How the Bancrofts lost the Journal
Rupert Murdoch last week managed to swing a couple Bancrofts over to his side to buy Dow Jones and the Wall Street Journal, but Allan Sloan says the damage was done a long time ago, way back when the family first set up the public stock offering.
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To educate a workforce or import one?
The British government is asking businesses to foot part of the bill to educate the millions of citizens there who lack basic literacy skills. Some have embraced the idea, but a major business coalition says N-O. Stephen Beard reports.
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Nardelli back in driver's seat
Bob Nardelli didn't have such a good run as CEO of Home Depot, but today he got another job as the head of Chrysler, where he won't have to worry about stock prices and angry shareholders. Micki Maynard says it could be a good fit.
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Might be time to people-proof plastics
A government panel will review possible health risks of a key ingredient used in plastics, but some scientists say the research they'll be considering was funded by, guess who? The chemical industry. Sam Eaton reports.
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Fed watch buzzwords: Inflation, growth
The Fed meets this week to set short-term interest rates. It's held them steady for more than a year now, but with further signs of a weakening economy, might we be in for a cut? Ashley Milne-Tyte reports.
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Gas strike halts South Africa
Striking workers are paralyzing South Africa's oil industry, not to mention its roadways. Employees of the southern hemisphere's largest oil refinery walked off the job last week and drivers there are running on empty. Gretchen Wilson reports.
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More eavesdropping power on tap
A new law gives the White House greater power to eavesdrop U.S. residents communicating with terrorism suspects overseas. But President Bush wanted to give phone companies amnesty for past spying, and Congress didn't hand it over. Steve Henn reports.
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