05/11/06
Marketplace AM for May 11, 2006
Episode Description:
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Recouping virtual hotel taxes
If you're getting ready to book your summer vacation online, consider this: Those online travel agencies aren't paying all their taxes. Lisa Napoli reports.
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Wooing the London Exchange
The NASDAQ stock market, already rebuffed once, has raised its stake in the London Stock Exchange and the New York Stock Exchange is flirting with the idea of making its own bid. Stephen Beard reports.
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The NSA's got your number
The National Security Agency has secretly been collecting the phone records of millions of Americans. Who's giving it them? The phone companies. Janet Babin reports.
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Why our economy's still growing
Personal finance expert Chris Farrell and host Scott Jagow discuss why the US economy continues to grow despite soaring energy costs and rising interest rates.
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New player in high-speed Internet game
Millions of Americans connect to the Internet with high-speed connections from their phone or cable company. But now electricity companies are starting to get into the mix with Broadband over Power Lines or BPL. From Pittsburgh, Mark Nootbaar reports.
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Northwest's $1 billion loss
The airline on Wednesday reported a quarterly loss of $1.1 billion. Tess Vigeland looks at how the mounting red ink is likely to impact Northwest's efforts to emerge from Chapter 11 bankruptcy.
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Landline-osaurus?
Verizon and other telecom companies are looking to sell portions of their vast network of phone lines as more consumers disconnect their landlines. Janet Babin reports.
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Infomercials at 55,000 feet
In an effort to find new sources of revenue, airlines are increasingly selling in-flight programming time to infomercials. Scott Tong has more.
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Buy American 2.0
Against the backdrop of layoffs and slumping sales figures, the US auto industry has begun providing money to retired auto workers to tout the economic benefits of buying American-made cars. Jeff Tyler reports.
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Palestinian Authority runs out of gas
Palestinian officials warn its territories in Gaza and the West Bank will run out of fuel today. Hilary Krieger looks at the toll on an already battered economy.
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Gaming gets back to kid stuff
Video game makers and players are in LA this week for the Electronic Entertainment Expo. One thing you won't find this year — scantily clad women. There's a reason for it, Ethan Lindsey reports.
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