Marketplace AM for February 17, 2006
Presidents Day weekend starts today. Commentator Jeff Steinbrink argues that the holiday is all about the presidents in your wallet, not those in the history books.
As investigators look into allegations of resume padding by Radio Shack CEO David Edmondson, the electronics company tries to reassure investors it's got a strategy to boost sales. Business Editor Cheryl Glaser has more.
A federal judge was to have decided today whether Northwest Airlines can void its labor contracts with pilots and flight attendants. Instead, he gave the parties a week to resolve their differences and avert a possible strike that could ground the airline for good. Janet Babin reports.
Although the price of crude oil has fallen from a record $71 a barrel to below $60, Amy Scott reports that we shouldn't expect to see much relief at the pump.
The world's largest cereal maker turns 100 this weekend, and as Hillary Wicai reports, it might need to change its ingredients if it wants to stay on top.
This installment of the Job Files looks at Wurlitzer organ player Jim Riggs.
The Golden State plans to limit carbon emissions from private utilities and open a carbon market where companies can buy and sell carbon credits. As Sarah Gardner reports, California is the largest in a growing number of states experimenting with cap-and-trade.
A possible mega-merger in the steel industry has scared French regulators. It would not only create a company with more than 10% of the world's market; it would also put at risk thousands of French jobs. So the government is looking for new ways to ward off takeover bids from abroad.From London, Stephen Beard reports.
Posted In: Economy
$365 million is the jackpot for this Saturday's Powerball lottery. It's the largest in US history. The number's got us thinking... $365 million. A million bucks a day for a year. What could you buy for that kind of money? Dan Grech dreams about a lottery payday.
Wind power is typically more expensive than energy from conventional sources. But that's starting to change, and as Sam Eaton reports, it's helping some farmers save their family business.