Jun 28, 2006

Marketplace AM for June 28, 2006

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Segments From this episode

Google to unveil Gbuy

by Marketplace Staff

Jun 28, 2006

Search engine giant Google is expected to launch a new online payment service to compete against eBay's PayPal. Charla Bear has the story.

Airbus turbulence continues

by Stephen Beard

Jun 28, 2006

European plane-maker Airbus has some explaining to do. Today the co-CEO at its parent company EADS went before French lawmakers. Stephen Beard reports.

Call center security breach

by Scott Jagow

Jun 28, 2006

HSBC said today a call center employee in India was arrested for handing over people's bank information to thieves.Host Scott Jagow talks to David Wells of the Financial Times about just how secure these call centers are — or aren't.

Iran to blame for inflation?

by Marketplace Staff

Jun 28, 2006

Commentator David Frum argues the real culprit behind inflationary pressures around the world is higher oil prices, and that Iran's nuclear program only makes matters worse.

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And Honda's new US plant goes to . . .

by Jocelyn Ford

Jun 28, 2006

Honda has been pondering where in the Midwest to build its $400 million auto assembly plant which is expected to provide 1,500 jobs. The winner is Greensburg, Indiana. Jocelyn Ford reports.

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Nortel restructures

by Janet Babin

Jun 28, 2006

Telecom equipment maker Nortel said yesterday it was cutting 1,100 jobs and scaling back its pension program to help it compete in an increasingly tight market. Janet Babin reports.

UPS-USPS deal

by Amy Scott

Jun 28, 2006

Today, the US Postal Service and competitor UPS are set to announce a deal to work together. UPS will start carrying US mail on its planes as soon as this weekend. Amy Scott reports.

Watch sales are down

by Lisa Napoli

Jun 28, 2006

Quick, what time is it? More of us are checking our cell phones to answer that question, and that's bad news for the wrist watch industry. Doesn't help that watches have fallen out of favor with young people. Lisa Napoli reports.

New welfare rules

by Stacey Vanek Smith

Jun 28, 2006

The Bush Administration yesterday released new rules clarifying the types of work recipients of federal welfare assistance can do. Stacey Vanek-Smith reports.

Child poverty grows

by Hillary Wicai

Jun 28, 2006

A new study out shows the number of children living in poverty is up 8 percent. Hillary Wicai has more.

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GM's new incentives

by Bob Moon

Jun 28, 2006

The world's largest automaker announced yesterday that sales this year were expected to be lower than last year's. So GM has instituted another new buyer incentive plan to help clear inventory. Bob Moon reports.

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