06/15/06
Marketplace AM for June 15, 2006
Episode Description:
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New stop on the hydrogen highway
California Gov. Arnold Schwarzenegger dreams of a hydrogen highway linking Los Angeles and San Francisco. But there are a few roadblocks in the way — like the lack of hydrogen-powered vehicles. Sarah Gardner reports.
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Bet on rate hikes in August
Investors are already looking past this month's Federal Reserve meeting and starting to worry about possible interest rate hikes at the next meeting in August. Bob Moon reports.
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Backdating probe lawsuits
More lawsuits are expected to be filed today against companies that allegedly backdated stock options for executives as angry shareholders hope to recoup some of the money they claim they lost. Janet Babin reports.
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Nielsen gets off the couch
Nielsen Media Research plans to monitor TV viewership trends on computers, cell phones, iPods and other handheld devices and advertisers are eager to hear the results. Lisa Napoli reports.
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Securing US chemical plants
The Senate yesterday voted down a proposal requiring chemical facilities at risk of terrorist attacks to use fewer toxic substances. Some say that leaves us vulnerable. Sam Eaton reports.
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More job cuts at United
United Airlines was supposed to have been restructured and ready to compete when it emerged from Chapter 11 bankruptcy in February. So why did it announce new job cuts yesterday? Ashley Milne-Tyte reports.
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Ethanol IPO
With yesterday's favorable IPO by ethanol producer VeraSun, Stacey Vanek-Smith looks at investor enthusiasm for public offerings from other biofuel companies.
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Natural gas discovery in South China Sea
Today in Asian trading, shares of Chinese oil company CNOOC soared more than 6% on news of a big, new energy find deep under the South China Sea. Jocelyn Ford reports from Beijing.
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How bad is inflation really?
Personal finance expert Chris Farrell and host Tess Vigeland discuss market fears that interest rate hikes could go too far.
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