02/01/06
Marketplace AM for February 1, 2006
Episode Description:
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Reich advises Bernanke
Feb 1, 2006
Commentator Robert Reich offers incoming Fed chief Ben Bernanke some advice on his new role as the nation's top economic watch dog.
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State of the Union
John Dimsdale delves into the economics of President Bush's State of the Union address.
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Closing the book on Chapter 11
As United Airlines emerges from bankruptcy protection today, Tess Vigeland looks ahead to what the airline industry should look like once other bankrupt carriers follow suit.
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gTunes?
Reports that Google was looking to buy digital music provider Napster sent shudders through the music industry yesterday. Google later denied the reports, but many want the search engine to join the music distribution fray and change the rules. Janet Babin has more from the Innovations Desk at North Carolina Public Radio.
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Trimming back the hedge funds
New SEC guidelines are set to go into effect today regulating accounting and disclosure practices at hedge funds. Amy Scott has more.
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The Bank of eBay?
Think eBay is just an online auction site? Think again. It also happens to be a money-market manager with assets of $500 million, thanks its PayPal electronic payment service. As Stacey Vanek-Smith reports, the eBay money market fund pays one of the highest yields in the industry.
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Addicted to oil? Find a substitute.
In his State of the Union speech, President Bush said the country should reduce its reliance on foreign oil. He laid out a specific goal to wean the country of crude, and said it could be accomplished in the most American of ways: Going high tech. Ethan Lindsey reports on the plan.
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Cowpies to cash
Feb 1, 2006
A novel conference gets underway in Wisconsin this week. State agriculture officials are gathering farmers together to teach them how to turn manure into money. Brian Bull has more.
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The world? Not so convinced we really want to change
Oil prices slipped to $67 a barrel today, as overseas markets reacted skeptically to the ambitious energy plans in the State of the Union speech. In his address, President Bush pledged to cut our dependence on Middle Eastern oil 75% by the year 2025. From London, Stephen Beard reports that few believe that's going to happen.
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Google stock
Google's been an investment darling for some time now. But last night, Wall Street got a bit frugal on the company. Scott Tong reports.
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