Marketplace AM for January 31, 2006
With one day left, January 2006 is expected to go down in the books as one of the warmest Januarys on record. Jeff Tyler looks at what impact the abnormal temperatures have had on snow-dependent businesses.
The maker of Jell-O, Oreos and other brands has announced plans to lay off 8,000 workers in an effort to restructure in the face of slumping sales. Ethan Lindsey reports.
Iran got some bad news last night: The US and other key nations agreed the country should be reported to the UN for their nuclear activities. That could mean a number of different things politically, but the economic impact could be dramatic -- sanctions are a possibility. As Stephen Beard reports from London, that really means just one product -- oil.
New rules that go into effect today allowing foreign investors to own a larger percentage of Chinese companies. Alisa Roth has the details.