Marketplace AM for June 7, 2006

Episode Description 

Estate tax repeal? Bad for the economy

Commentator Robert Reich argues that repealing the estate tax would cost the US Treasury $1 trillion in 10 years — and sap entrepreneurial gumption from the growing ranks of trust-fund Americans.

Illicit trade in camel jockeys

Miranda Kennedy reports that for Pakistani boys forced to work as camel jockeys in the Middle East, life is still tenuous once they return to their home country.
Posted In: Canada

Flight attendants balk

Northwest flight attendants rejected the airline's pay cut proposal Tuesday, a move that could put a recent agreement with its pilots in jeopardy too. Janet Babin reports.

Google rethinks China compromise

Co-founder Sergey Brin admitted yesterday that the deal Google struck with China to allow some censorship on its search engine in that country may have been a mistake. Jocelyn Ford reports.
Posted In: Canada, Science

Chirac wants German Euronext deal

French President Jacques Chirac has pooh-poohed the American takeover of Paris-based stock exchange operator Euronext. Chiraq says he'd prefer a merger with the Germans. Stephen Beard reports.
Posted In: Canada

GM's vote on voting

Dissident shareholders voted Tuesday in favor of a new resolution that would change how company directors are elected. It's part of a larger trend in corporate governance, Alisa Roth reports.

Biofuel buzz going global?

A report out today looks at the potential for fuels such as ethanol to go global — and World Bank's potential interest in funding biofuel projects in developing countries is fueling the buzz. Sam Eaton reports.
Posted In: Canada

The 'Daedalus' scam

A college student pleaded guilty yesterday to charges he conned investors into pouring millions into a bogus hedge fund named for the mythical architect who confounded many a Greek with his complex labyrinth. Stacey Vanek-Smith reports.
Posted In: Investing

Mexico's presidential debate

Yesterday's prime-time presidential debate was considered crucial point in Mexico's decision to remain right of center or elect a more leftist president. Dan Grech has more.
Posted In: Canada

Active-duty data on stolen laptop too

That laptop stolen from a Veteran's Affairs employee? It didn't just have personal information on 26 million veterans. Turns out information for most active-duty military was on there as well. Alisa Roth reports.
Posted In: Washington