Marketplace AM for December 4, 2006

Episode Description 

Sloan Sessions: Kerkorian's GM sell-off

Host Bob Moon asks Newsweek's Wall Street editor Allan Sloan how billionaire investor Kirk Kerkorian managed to walk away from $800 million worth of GM stock so gracefully — and what the move means for GM.

Seattle's arena battle

Seattle voters overwhelmingly passed an initiative to block future public money from being used for pro sports teams — but some are trying to work a deal for a new SuperSonics stadium anyway. Amy Radil reports.
Posted In: Sports

Pfizer fizzles

Drug giant Pfizer halted development of its most promising experimental drug after more than 80 people died during test trials. This is a major setback for the company, Stacey Vanek-Smith reports.
Posted In: Health

Dollar down = oil up?

The dollar's decline could push up the price of oil. Some OPEC members are calling for a cut in production because the falling dollar has amounted to a price cut for them. Stephen Beard explains.
Posted In: Canada, Economy

Outsourcing the drive-thru

Drive-thru customers at some Wendy's locations across the country aren't actually talking to workers inside the restaurant — and that's speeding up the line. Sheryl Rich-Kern explains.

Kroger stays competitive

The supermarket industry has become hotly competitive since Wal-Mart came onto the field, but Kroger has continued to post strong numbers. Diantha Parker looks at the grocery chain's winning game plan.

Are you working or worrying about your kids?

Probably both, says a new study. And that's costing American businesses a lot of money. Hillary Wicai explains.

Weak dollar fallout

The dollar was trading at a 20-month low against the euro this morning. So you'll shell out some serious dough on your next European vacation, but what else does a dropping dollar mean? Stacey Vanek-Smith reports.
Posted In: Economy

India getting cold feet

The U.S. is prepared to finalize a bill would allow American companies to sell civilian nuclear technology to India, but now India's wavering over some concessions in the final version. Miranda Kennedy reports.
Posted In: Canada