May 11, 2007

Marketplace AM for May 11, 2007

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Segments From this episode

Culture shock for new refugees

by Gretchen Wilson

May 11, 2007

Tens of thousands of Somalians have fled their warring nation for the safety of Kenyan refugee camps, but the influx has strained resources at the camps and they're finding that life isn't easy there either. Gretchen Wilson brings us their story.

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Energy costs empty wallets

by Steve Henn

May 11, 2007

It looks more and more like inflation is going to come under control. But with gas prices flirting with record highs, consumers can't catch a break. It seems most of our spending money is going into the tank. Steve Henn has more details.

Losing patience with lending reform

by Steve Tripoli

May 11, 2007

Congress has been studying potential actions to curb the risky practices that led to the subprime crisis. Lawmakers are giving the private sector a chance to reform itself, but it better act soon, Steve Tripoli reports.

Cause marketing: Bad for the soul or M'm! M'm! Good?

by Marketplace Staff

May 11, 2007

A company heavily advertises an event that raises a lot of money for a good cause — and just happens to boost its own sales along the way. Campbell's Soup does it every year. Is it a win-win campaign or exploitation? Pat Loeb digs in.

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Ahhhh, science finds a cure for stilettos

by Marketplace Staff

May 11, 2007

Pull those 4-inch heels out of the back of your closet. A New Hampshire company has developed an insole that claims to make high heels comfortable. Achieving this feat wasn't easy. In fact, it took a rocket scientist to figure it out. Pat Loeb has the story.

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More oil. . . or else!

by Amy Scott

May 11, 2007

The International Energy Agency warned today that if OPEC doesn't increase production, tightening oil reserves will cause prices to skyrocket. And they'll only get higher if consumers don't conserve at the pump, Amy Scott reports.

Europe has a cocaine problem

by Scott Jagow

May 11, 2007

Even the shipping routes of illicit drug trade follow market tides. The euro's strength has lured Latin American cocaine traffickers away from the U.S. for higher returns on the streets of Europe. And that's positioned Africa as a new drug shipping hub.

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New debit card on Maestro's block

by Stephen Beard

May 11, 2007

Recent changes in Europe have made cross-border banking transactions quicker and cheaper. That's spurred banks there to quietly collaborate on a pan-European debit card to challenge MasterCard's Maestro. Stephen Beard explains.

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Deutsche Telekom workers strike

by Kyle James

May 11, 2007

In Germany today, some 11,000 workers walked off the job at one of Europe's biggest telecom companies. They're striking over a restructuring plan that would require some employees to work longer for less pay. Kyle James reports.

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