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Marketplace AM for June 1, 2006

Episode Description 

Sun Microsystems makes big staff cuts

The computer server maker has announced it's cutting 11% to 13% of its staff and making other moves to save as much as $590 million. Cheryl Glaser reports.

Online ads on a tear

Online advertising revenue shot up so much in the typically-slow first quarter this year that it even outpaced figures from last year's holiday-driven fourth-quarter bonanza. Lisa Napoli has the details.

Student debt

A government survey out yesterday finds two-thirds of all undergraduate students take on an average debt load of $19,000 to get their degrees. Jane Lindholm reports.

Small business hurricane plans

What's the most important thing small businesses can do to prepare for disasters like hurricanes? Alex Cohen has the answer.

A stock you can bank on

Shares of the Bank of China began trading on the Hong Kong Stock Exchange today and quickly shot up 15%. From Beijing, Jocelyn Ford tells us why investors have been scrambling to own a piece of it.
Posted In: Canada

Iran's answer: NO

The US has offered to hold talks with Iran about its nuclear program, but only if it promises to stop developing weapons-grade uranium first. Iran rejected the stipulation. Stephen Beard reports.
Posted In: Canada

Border fence could block business too

Personal finance expert Chris Farrell talks to host Scott Jagow about the likely impact more border fencing will have on US-Mexico trade.

Jumping the Bee

The Scripps National Spelling Bee concludes tonight with a prime-time TV special, but will viewers tune in? Eric Niiler looks at the small-screen potential of the time-honored competition.

Cut oil production? Not so fast . . .

OPEC ministers today are expected to ignore pleas from Venezuela to cut oil production. Alisa Roth looks at the supply and demand issues behind the decision.
Posted In: Economy