07/10/07
Marketplace AM for July 10, 2007
Episode Description:
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Real estate still booming in Koreatown
Developers and realtors in pockets of Southern California are channeling a new stream of South Korean investment money to stave off the slump that's hit much of the U.S. housing market. Lenora Chu has the story.
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Historic snow wrecks Buenos Aires
A holiday blizzard has blanketed Buenos Aires for the first time in decades, but there's little to celebrate. Argentina's coldest winter in 40 years has spurred a massive energy crisis. Dan Grech reports.
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Bloomberg's traffic plan hits gridlock
New York Mayor Michael Bloomberg is in Washington today lobbying for federal transportation funds, but it's a no-go if he can't get his state legislature behind a plan to cut traffic by charging drivers $8 to enter Manhattan. Jeremy Hobson reports.
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Food safety still on back burner
Drug safety's high on the agenda in Washington this week, as the House debates a bill to extend fees the pharmaceutical industry pays the FDA to speed approvals, but some folks say there's greater danger in the "F" than the "D." Helen Palmer has details.
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Paying a high price for bribery
China today executed Zheng Xiaoyu, former head of its food and drug agency, for taking payoffs from drug companies to OK untested medicines, one of which led to the deaths of 10 people. Scott Tong tells us what else China's doing to improve safety.
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U.S. automakers desperate to sell
Last month car sales at the Big Three American automakers tumbled 13 percent. General Motors, Ford and Chrysler are on track to hit a major milestone soon, but they won't be throwing a party. Jill Barshay explains.
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Nuts & Bolts: Smart networking
As we wrap our series on the basics of starting a small business, Patti Greene offers this parting advice: You don't have to do it all alone. Talk to your fellow entrepreneurs and seek out networks of people who can help.
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