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Marketplace AM for August 7, 2006

Episode Description 

Sloan Sessions: Earnings forecasts

Some business groups are calling on publicly-traded companies to stop issuing earnings forecasts. Host Scott Jagow and Newsweek Wall Street editor Alan Sloan discuss why some say those predictions do more harm than good.
Posted In: Wall Street

iPod gizmos

There are rumors — just rumors — that Apple CEO Steve Jobs may announce a new iPod later today. And there's a brand-new industry that will spring into action if he does. Brett Neely reports.
Posted In: Science

BP closing Alaskan oil field

Oil prices hit $77 a barrel on European markets today. One major factor pushing up prices: British oil giant BP is shutting down one of the largest oil fields in the US due to a pipeline leak. Stephen Beard reports.

Southern Lebanon's economy devastated

Nearly a month into the fighting between Israel and Hezbollah guerrillas, Ben Gilbert surveys the toll the crisis has taken on the economy of Southern Lebanon.
Posted In: Canada

Telecom mergers get a second look

SBC's merger with AT&T and Verizon's union with MCI are done deals, right? Not exactly. Steve Tripoli reports a federal judge still has the power to tinker with the fine print.

ABC expands fall Web lineup

ABC has plans to beef up its online offerings for the upcoming TV season. Lisa Napoli reports it's an indication TV executives are taking the smaller screen more seriously.
Posted In: Science

Indian states ban Coke and Pepsi

Today a sixth Indian state, Gujarat, announced it's banning the soft drinks from government schools and offices after an environmental study found them to contain high levels of pesticides. Miranda Kennedy reports.
Posted In: Canada, Health

Working women aren't happy

A survey from the AFL-CIO out today checks in with America's working women — and finds that 95 percent are concerned about the future. Hillary Wicai reports.

Trying to jumpstart Hot Wheels

Mattel's latest efforts to reignite interest in the little toy cars involved a trip to the tiny town of Speed, Kansas. Charla Bear explains.

US beef arrives in Japan

The first imports of American beef arrived in Japan today, after being banned for two and a half years due to mad cow disease fears. But that doesn't mean Japanese consumers are ready to eat it. Jocelyn Ford reports.
Posted In: Canada