06/21/07
Marketplace AM for June 21, 2007
Episode Description:
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Whispers of a rate hike
Someone at the Federal Reserve has been talking to the Wall Street Journal and the word is out: Don't expect an interest rate cut anytime soon. Oh yeah, and there could even be a rate hike when the Fed meets next week.
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Clean energy on the fast track
A new UN report says an influx of investment in green technologies will help us reach renewable energy goals faster than expected. But, environmental groups point out, it's still just a drop in the fuel bucket. Stephen Beard has details.
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Should you buy into private equity?
The Blackstone Group today will announce share prices for its upcoming IPO, and it's not the only private equity firm maneuvering to go public. But will regular investors really get their piece of the private equity profit pie? Bob Moon reports.
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Private equity goes to K Street
Major private equity firms are awash in profits, but all that cash flowing around has brought some unwelcome attention from Congress. And that's sent the industry scrambling for cover, where else? K Street. Steve Henn reports.
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Teaming up to police nano-threats
Nanotechnology could radically change medicine, electronics and even help clean up the environment. But those tiny particles could also be a threat to human health. Amy Scott reports on a new nonprofit-corporate effort.
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Slave labor in China
China has announced a nationwide inspection of labor conditions following revelations of widespread human trafficking and forced labor in brick-making facilities there. But that doesn't mean change is at hand. Scott Tong explains.
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Auto parts won't pay the same
The largest U.S. auto parts maker may get its wish to slash wages by as much as half. Delphi and the United Auto Workers reportedly are very close to reaching a new labor contract deal. And workers are expected to accept it, Jill Barshay reports.
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Best DSL deal's on the DL
AT&T just came out with a high-speed Internet bargain that they aren't exactly going out of their way to promote to consumers. It had to begin offering the cut-rate service to get the FCC to agree to its merger with BellSouth. Rachel Dornhelm reports.
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