02/12/07
Marketplace AM for February 12, 2007
Episode Description:
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Sloan Sessions: Great-West tax solution
Newsweek's Allan Sloan says the Canadian insurance company has come up with a crafty way to get money today for tax savings it thinks it'll have in the future.
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Stemming the Boomer retirement tide
One California professor says we need to invest in educating the children of immigrant workers, because they may be our best hope for replacing the wave of Baby Boomers about to leave the workforce.
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One tiny chip, one trillion operations per second
Intel's newest chip is fast alright, but IT expert Barry Fox says what's really revolutionary here is how little energy it runs on.
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Home Depot's soft spot
The home improvement giant rolls out a new ad campaign today and it's meant to tug at consumers' heartstrings. The retailer is hoping to move past the bad publicity surrounding former CEO Bob Nardelli's departure.
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On-screen smoking for adults only?
Most Americans support an automatic R rating for movies that show actors smoking cigarettes. So says a poll out today. If that happened, it could cost the tobacco industry billions.
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Introducing AFRICOM
Africa is finally getting a little recognition. The Pentagon is creating a U.S. command center for the region in order to, among other things, protect economic interests there — such as oil.
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BP shareholders take on executive pay
A group of public pension funds wants the oil giant to connect executive pay to safety, not just cost-cutting. And some are calling for a pay freeze for the outgoing CEO.
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London exchange says no to Nasdaq
Nasdaq won over less than a percent of London Stock Exchange shareholders with its hostile takeover bid. And that leaves the LSE free to pursue a partnership with Tokyo.
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NYSE nears transatlantic finish line
While Nasdaq's overseas bid has fizzled, the SEC is reportedly close to approving the NYSE's merger with Euronext.
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Venezuela's taking back the power
A Virginia company is selling one of its subsidiaries back to Venezuela for less than half the purchase price as Hugo Chavez makes good on his promise to nationalize the country's energy companies.
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