Marketplace AM for July 19, 2007
Posted In: New York, Retail
Independent coffeehouses are finding it increasingly challenging to compete against the big corporate chains setting up shop all over New York City. Rents are rising and cafes operate in small change. Lisa Chow looks at what they're doing to survive.
Posted In: Washington
Sunday marks 20 years since the enactment of the first federal legislation to tackle homelessness, but the number of homeless has since more than doubled. Jeff Tyler looks at what happened and how advocates suggest we turn things around.
Posted In: Canada, Crime
Mariane Pearl, the widow of murdered Wall Street Journal reporter Daniel Pearl, has sued Pakistan's biggest bank. The suit, filed in New York, asserts that Habib Bank knowingly funded the terrorists who killed her husband. Ashley Milne-Tyte reports.
Big business is in a mad scramble of last-minute lobbying to sway Congress on the issue of patent reform, but there are competing camps with opposing goals. Jeremy Hobson lays it out for us.
Posted In: Canada
China's government has been trying to put the brakes on its booming economy, but officials announced today that 2nd-quarter GDP grew 11.9% and consumer prices rose 4.4% in June. But they also say it's not necessarily overheated growth, points out Muir Dickey.
Posted In: Auto, Canada
Things will be quiet around Japan's auto factories for the next few days. The earthquake earlier this week damaged a major parts supplier, so three of the nation's car makers are shutting down plants. Alisa Roth has more on the economic aftershocks.
Posted In: Canada
The U.S. has promised additional food aid to Zimbabwe as the humanitarian crisis there continues, a move that the country's officials are calling a trick to turn the people against them. But they'll still take the help. Gretchen Wilson reports.