01/24/06
Marketplace AM for January 24, 2006
Episode Description:
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Brokerage partying
"Dwarf tossing" competitions and racy bachelor parties -- sounds like fraternity entertainment at David Lynch U. But Amy Scott reports, it's happening at Wall Street brokerages, and regulators want it to stop.
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Environmental Performance Index
A group of researchers from Yale and Columbia has devised a scorecard to rate countries on how well they manage their environmental and natural resources. As John Dimsdale reports, the US lags behind most of the developed world.
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Toyota seeks higher NASCAR profile
The Japanese automaker has announced plans to enter its vehicles in NASCAR's elite Nextel and Busch series, currently dominated by the Chevy, Ford and Dodge brands. As Bob Moon reports, it's more about marketing than racing.
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The new Canada
Reporter Steve McNally sifts through the returns in Canada's national election to see whether the Conservative dream of lower taxes and greater defense spending has any chance in the new Parliament.
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Glamour in India
India's growing consumer class can now be up on the latest fashion news. Conde Nast has announced Vogue and Glamour will hit newsstands in India next year. Miranda Kennedy reports that the move is part of the Western publishing industry's initial forays into one of the world's last untapped markets.
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Vodaphone and Verizon
How much do you know about the British wireless phone giant Vodafone? Not much? Well, know this -- it's the world's biggest cell phone company by sales. And the reason Americans don't know that much about it is that stateside Vodafone co-owns Verizon Wireless. Today, Vodafone announced it had beaten expectations for customer and revenue growth. But the company angered some investors who want it to sell its stake in Verizon. From London, Stephen Beard reports.
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European cartels
The culture of collusion and price-fixing is alive and well in Europe. But regulators have served notice the end of cartel activity is nigh. Stephen Beard reports.
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Mergers and layoffs
Think outsourcing is the number one cause of layoffs in the tech industry? Guess again. As Stacey Vanek-Smith reports, the real culprit is all those corporate mergers.
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Merger disclosure
Jan 24, 2006
Commentator David Wells argues that the SEC needs to require merging companies to disclose more information about the deals.
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J&J mulls new Guidant offer
Johnson&Johnson is likely to escalate the bidding war over Guidant Technologies today. As Helen Palmer reports, the red-hot medical device market makes Guidant attractive, despite its liabilities.
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