01/31/07
Marketplace AM for January 31, 2007
Episode Description:
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Yahoo to capitalize on 'brand universe'
Search giant Yahoo has a plan to draw more eyeballs to its sites by harnessing the power of the 100 most popular entertainment brands. And it could be a clever strategy, Janet Babin reports.
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Millions of foreclosures loom
Mortgage payments are on the rise for homeowners who took advantage of that sub-prime loan frenzy a few years back. As many as 20 percent could lose their homes, fears commentator Robert Reich.
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DreamWorks-Aardman deal flushed away
The animation studios have parted ways after finishing only two films of a five-picture deal. Variety's Adam Dawtrey says it was an interesting gamble in the first place.
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Blair fundraiser arrested again
Lord Michael Levy has been arrested for a second time in connection with a campaign finance scandal that may be getting uncomfortably close to Tony Blair himself, Stephen Beard tells us.
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Tesco's coming to town
The British retailer is the world's fifth largest and it's opening its first U.S. store later this year under the name Fresh and Easy. Jeff Tyler has details.
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Tortilla protest in Mexico
Thousands will gather in Mexico City today to protest the price of tortillas. The cost of the corn-based staple has tripled in recent months. Is the new demand for ethanol to blame? Dan Grech reports.
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Big banking decision today
Companies like Home Depot, Chrysler and Wal-Mart want to open their own banks, and the federal government must decide today whether to extend its moratorium on the practice. John Dimsdale reports.
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Coal mines closin' down down down
Germany has set a date that will effectively end all coal mining in that country by 2018, but some wonder if cleaner coal can still make a comeback there. Ethan Lindsey reports.
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Finally, a Tata Steel deal
It took three months, but India's Tata Steel has won the bidding war to take over European steelmaker Corus. And we might be looking at further consolidation in the industry, Stephen Beard reports.
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