Marketplace AM for July 11, 2007
Posted In: Washington
You go to the ATM to get, say $60, but you've only got $59 in the bank. Should your bank warn you before it hands over the cash and slaps you with a $35 overdraft fee? Congress today considers legislation that would require it. Jeremy Hobson reports.
Methane gas, um, escaping from cattle is a serious problem in the fight against global warming. British scientists are trying to get to the bottom of the problem by changing cows' diets. Stephen Beard reports.
Posted In: Entertainment, Science
Last week Microsoft said it wasn't going to lower the price of the Xbox 360, but the company appears to be changing its tune following Sony's announced markdown of its Playstation 3. They're both trying to lure gamers away from Nintendo's top-selling Wii.
Posted In: Canada
Canadian aluminum maker Alcan has been in a bind for the last two months, fighting off a hostile takeover from U.S. rival Alcoa. Today there's word that Alcan may have found a willing partner in London-based Rio Tinto. Michael Hlinka gives us the back story.
The possibility that New York mayor and billionaire Michael Bloomberg might run for president has captivated Washington. And it's got commentator David Frum wondering why no one complains when a plutocrat seeks to buy political office.
Posted In: Health, Science
Thousands of young people who took Paxil are entitled to a share of a $42 million class action settlement, so one consumer watchdog group posted a video on YouTube to spread the word: If they want the cash, they gotta make the claim. Helen Palmer has the story.