Marketplace AM for February 15, 2006

Episode Description 

Administration's proposed cuts in aid to Latin America

The 2007 budget call for nearly 30% less foreign aid to Latin America. Dan Grech says the growing rift between Washington and our neighbors to the south could have economic consequences.
Posted In: Economy

Medicaid to Medicare

Today the federal government stops reimbursing states that picked up the tab during the Medicare prescription drug debacle earlier this year. Amy Scott repots on whether states have succeeded in moving eligible seniors off Medicaid rolls and into the new program.
Posted In: Health

FBI searches foreign cargo terminals

Just a day after the World Trade Organization gave the European Union a green light to impose sanctions on some US exports, FBI agents searched the Chicago cargo terminals of two foreign airlines on grounds of possible "anti-competitive" behavior. Stacey Vanek-Smith has more.
Posted In: Economy

No smoking please, we're British

Last night, British lawmakers voted to ban smoking in all pubs, clubs, restaurants and offices in England. The ban is similar to laws on the books in California and other states. The English will have to stamp out their cigarettes by the summer of next year. From London, Stephen Beard reports.

Gulf Coast rebuilding

While a Senate committee prepares for hearings today into how to rebuild the Gulf Coast, commentator Robert Reich argues that the government needs to lend a helping hand, not a bailout.

NOLA mediation

Owners of Katrina-damaged homes are frequently at odds with their insurance companies over claims. But a phalanx of mediators is trying to sort things out. Jen Banbury has more.

Privacy is as privacy does...

US Internet companies go before the House International Relations Committee today to answer questions about their involvement in Chinese censorship and political repression. Alisa Roth reports on whether the disclosures of cooperation could trigger a consumer backlash against the companies.

Markets to watch Bernanke testimony closely

The new Fed Chief comes before the House Financial Services Committee today for a report on the state of the Federal Reserve. Eric Niiler reports that the financial markets are going to hang on every word.
Posted In: Economy, Investing, Wall Street

Labor's new strategy

Today, breakaway AFL-CIO members will offer their new strategy for countering the erosion of the union movement. Hillary Wicai reports.
Posted In: Economy