Marketplace AM for December 30, 2005
Brian Watt reports that some view revenues from champagne sales as a barometer for the health of the economy.
Japan's Nikkei stock index closed the day, and the year, at more than 100 points above 16,000. That marks its biggest annual gain in two decades, and for the first time in 14 years, it was private investment, not government money, that pushed the economy. Asia bureau chief Jocelyn Ford has more.
President Bush says he will sign a new defense spending bill passed by Congress before they went home for the holidays. A little-noticed clause in the bill could help reduce transatlantic tensions over competing airplane makers. From the European Desk in London, Stephen Beard reports on the latest skirmish between Airbus and Boeing.
Say you buy a CD and play it on your computer. Later you find out that it secretly installed software allowing the record company to track your listening habits. Or left your computer open to hackers and viruses. It's what happened to people who bought certain Sony BMG CDs. And as you can imagine, they sued. Now the two sides have reached a settlement. From WLRN in Miami, Dan Grech reports.
It's time to ready the champagne and noisemakers for end-of-year bashes. Producer Trey Kay catches up with the hardy few who attend these parties for work, not fun.
It's that time of year for the bubbly stuff. Wine expert Randy Clement discusses the difference between a $5 bottle and $500 bottle of champagne with host Lisa Napoli.
The venerable AT&T brand undergoes rebirth of sorts this weekend when SBC unveils a $1 billion ad campaign to hype its new adopted name. Cheryl Glaser has more.
New Year's in Israel is traditionally celebrated in September, during the Jewish holiday of Rosh Hashanah, but as Hilary Krieger reports, celebrating the advent of January 1st is a growing business in the Jewish State.