Marketplace AM for January 4, 2006

Episode Description 

Jollibee thrives

Despite the rampant global rise of American fast food chains abroad, reporter Shia Levitt found one Filipino franchise that's holding its own.

Expiring drug patents

Patent protection for drugs like Ambien, Zocor and Zoloft has expired, leaving them open to generic knock-offs. Janet Babin looks at what generic drug companies need to do to cash in.

Fuzzy figures

Many companies listed in the S&P 500 factor company stock buybacks into quarterly earnings reports. The practice skews revenue reporting in the companies' favor, and as Bob Moon reports, it's completely legal.
Posted In: Wall Street

Move over, Bourbon Street

A new tour of hurricane-devastated areas in New Orleans starts today. Stacey Vanek-Smith looks at how tragedy becomes a tourist attraction.

New Texans

As many as one-third of Katrina evacuees who fled to Texas plan to stay, according to a new study. Larry Schooler looks at what the new arrivals could mean to the economy of the Lone Star State.
Posted In: Economy

Hungry little piggy banks

Personal savings in 2005 dropped to their lowest level since the Great Depression, according to a new report. Hillary Wicai has more.
Posted In: Economy

Alito TV spots

Supporters and opponents of the confirmation of Judge Samuel Alito to the Supreme Court are pouring millions into TV advertising campaigns. Jeff Tyler has more.

One more charge for Jeff Skilling

The Feds have found one more charge to levy against former Enron President Jeffrey Skilling -- deception over a stock sale. Prosecutors want to use Skilling's earlier testimony about his sale of company stock at his upcoming conspiracy trial. His attorneys want to keep it out. Janet Babin reports.
Posted In: Wall Street

World's biggest bank opens

The world's biggest bank opened for business today after a merger of two Japanese rivals. How big is too big? Our Asia bureau chief Jocelyn Ford reports.

Russia and Ukraine make a deal

Russia and Ukraine have reached a deal over the price of natural gas, ending a pricing dispute that's been swirling since January 1. Ukraine admitted to siphoning off some gas from the pipeline that runs through its borders, and Russia agreed to work with a Ukrainian government with closer ties to the west. But at its base, the deal settles most of the concerns over possible disruption of gas supplies across the EU. From the European Desk in London, Stephen Beard reports.

China's non-democratic capitalism

Commentator Robert Reich says China's embrace of capitalism shows that free markets don't necessarily need democracy to thrive.
Posted In: Economy