Marketplace AM for December 12, 2005

Episode Description 

OPEC meets

Amidst record oil prices and profits, OPEC ministers are scheduled to meet today. Alex Cohen looks at whether market conditions will keep OPEC nations rolling in the green next year.

Farm worker shortage

Farmers across the nation face the possibility of having to hike wages to make up for a shortage of farm laborers. Will consumers ultimately pay the price in higher food costs? Stacey Vanek-Smith has more.

China and global trade

Since it joined the World Trade Organization four years ago, China has doubled its global trade and overtaken the United States to attract the most foreign investment of any country. But it's not being very aggressive at the WTO negotiating table. Jocelyn Ford reports.

Massive fire in England

A series of explosions ripped through British oil depot on Sunday, setting off the biggest fire in Europe since World War II. From London, Stephen Beard reports.

Delta pilots deal

Delta Airlines has dodged a bullet and reached a tentative agreement on wage reductions with its pilots' union. Hillary Wicai reports.

Ford's restructuring

Newsweek Wall Street editor Allan Sloan talks to host Scott Jagow about whether Ford's proposed restructuring plans are too little, too late.
Posted In: Wall Street

Entrepreneurship in Cuba

Author Rosa Lowenger talks to host Lisa Napoli about her new book, "Tropicana Nights," which looks at how one entrepreneur thrived in Cuba despite the centrally planned economy... and how new businesses are coming up.
Posted In: Entrepreneurship

Curbing lobbyist perks

Congressional representatives turned lobbyists have special perks regular influence peddlers don't. But a new bill could level the playing field. Nancy Marshall Genzer has more.

White House Conference on Aging

President Bush today continues a 4-day conference with seniors and aging experts to discuss the plight of retiring baby boomers. More of them are expected to work later into traditional retirement years. Hillary Wicai reports.

Fed to cloud crystal ball

The Federal Reserve Board meets this week, but this time don't expect to hear any predictions about the health of the economy. Amy Scott has more.
Posted In: Economy

Sugar dynamo

The nation's largest sugar producer, Domino, resumes operations today for the first time since Hurricane Katrina. It's hoped output from Domino will ease inflationary pressures on sugar prices. Dan Grech reports.

Circus trial

The owner of Ringling Bros. circus is on trial for allegedly hiring spies to discredit PETA. Key documents in the trial are due today. As Gretchen Cook reports, the circus has more at stake than possible monetary damages.

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