Marketplace AM for March 2, 2006
American Airlines launches service out of Dallas's Love Field today. Even though the carrier is likely to lose money in the move, Alex Cohen reports that it's all about checking the growth of rival Southwest.
Europe's central bank is expected to raise interest rates a quarter of a point later today. As Stephen Beard reports from the European Desk in London, that's both good news and bad news for the US economy.
Today a British judge will rule on the sale of a British Company to DP World, the Dubai-based firm that wants to take over operational control of six US ports. A Miami company asked the British judge to halt the deal, but the port company isn't the only one drawing attention from the Bush Administration these days. Alisa Roth reports.
Northwest has reached a tentative agreement with its flight attendants. But the bankrupt airline and its pilots are still in limbo. The deadline set by the bankruptcy court came and went yesterday, and the two sides had not reached a deal on wages and benefits. Now it's up to the judge to decide whether to extend the deadline or let Northwest throw out the pilots contract and impose its own labor terms. Cheryl Glaser reports.
Personal finance expert Chris Farrell tells Scott Jagow that the rising cost of a college education has some wondering whether higher education is even worth it.
As President Bush continues his trip to India today, Miranda Kennedy shows us why computer makers like Dell and HP face stiff competition from local entrepreneurs.
The House is expected to vote on a bill today that would standardize food labels across the country. Proponents say the law would cut down on needless industry costs, but critics say it's an effort to water down stricter state standards. Alex Cohen has more.