Marketplace AM for June 6, 2006

Episode Description 

Too much cash

Many big name companies are amassing huge piles of cash in their bank accounts. That's a good thing, right? Commentator Robert Cottrell says not so fast.

Two plans for Biloxi

Hurricane Katrina wiped away most of East Biloxi, Miss. Now city officials are faced with two competing visions for the area's future. Stephen Smith reports.

Killing the 'death tax'?

The Senate could begin debate as early as today on a possible repeal of the estate tax. Prospects for passage don't look good, but don't expect the issue to go away any time soon. Scott Tong reports.
Posted In: Washington

Commercial real estate still booming

Interest rates are taking a toll on the residential market, but office real estate is still going gangbusters.And yesterday a deal between Brookfield and Trizec created one of the biggest landlords in North America. Steve Tripoli reports.

Glaxo eyeing Pfizer consumer meds

Bidding is expected to close today for Pfizer's over-the-counter division. The top bidder so far is said to be pharmaceutical giant GlaxoSmithKline. Janet Babin reports.
Posted In: Health

The minimum wage play

Democrats are taking a page from the Republican playbook, trying to ensure big voter turnouts in key states with ballot initiatives aimed at Democratic-leaning voters. John Dimsdale reports.

The Times of London (of New York)

Today the British daily is scheduled to begin offering a new US edition in New York City and environs. But who's going to read it? Ethan Lindsey takes a look.


Retail chain Target has added a new notch on its belt: a top 10 credit card. Stacey Vanek-Smith explains.

More regulations, please

Business doesn't usually line up to ask for more regulation, but a group of senior British executives is demanding stricter curbs on carbon dioxide emissions. From London, Stephen Beard reports.
Posted In: Canada

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