Marketplace AM for July 20, 2007
Posted In: Science, Washington
Congress is taking a closer look at Google's plan to buy DoubleClick. The $3.1 billion deal announced in April is awaiting approval from the FTC, but first it'll have to endure an investigation and hearings on Capitol Hill. Jeremy Hobson reports.
Posted In: Housing, Wall Street
More bad news for subprime mortgage investors over the last 24 hours: Bernanke says losses could hit $100 billion and a new report estimates mortgage defaults will keep rising and eating into profits until at least the end of '08. Ashley Milne-Tyte reports.
Posted In: Crime, Health
A Virginia judge today will hear from parents before sentencing three execs responsible for mis-marketing prescription painkiller OxyContin. The parents say their children are addicted to heroin because of it. Monica Brady-Myerov reports.
Posted In: Sports
As Barry Bonds inches closer to Hank Aaron's career home runs record, we're not seeing the type of fanfare that would usually accompany such a feat, points out Diana Nyad, because advertisers don't want to risk being associated with the S-word.