05/01/07
Marketplace AM for May 1, 2007
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FDA inspection on the Hill
The FDA is trying to protect the food supply of a nation that imports more than ever with a budget that hasn't kept pace with inflation. Today lawmakers take a critical look at the situation, Jeremy Hobson reports.
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Back to taxing the rich
Democrats say they're close to an agreement to roll the AMT off the middle class and back to its original intent: to tax the very wealthy. Republicans have promised to fight such a move, but that could push swing voters away these days, Bob Moon reports.
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Taking immigration back to the streets
Protestors will rally in cities across the country today. But whether they match last year's massive marches or not, with so many lawmakers already in '08 campaign mode, it may be too late for meaningful reform, Alisa Roth reports.
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How much wood would China . . .
China's voracious appetite for commodities is gobbling up timber supplies in the U.K. and prices are rising fast. That's got some normally well-mannered blokes breaking into fist fights over garden fencing, Stephen Beard reports.
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Google fires back at Viacom
The search engine giant, which owns YouTube, says the billion-dollar lawsuit by the media conglomerate over copyright issues for its programming could threaten innovation. Ashley Milne-Tyte reports.
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Tweet, tweeted, twitterpated
It's the latest online social phenomenon. Thousands of people are answering the simple question — What are you doing? — all day long. Chana Joffe-Walt recruited a few friends to try it out.
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Venezuela's oil blacklist
No question, Hugo Chavez's social revolution is in motion. Venezuela's state oil today takes over operations currently run by foreign companies — a move that's infuriated Big Oil and could cost a lot of little guys their jobs. Dan Grech explains.
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