Marketplace AM for May 14, 2007

Episode Description 

Chrysler sold!

Daimler is handing over the Chrysler keys. Private equity firm Cerberus will buy an 80.1% stake in the struggling automaker for $7.4 billion. The deal was applauded by European shareholders, but not everyone's convinced it'll pay off, Stephen Beard reports.
Posted In: Auto

Sloan Sessions: Rate cut? Nah. . .

Whispers of a possible interest rate cut swirling around last week's Fed meeting left a lot of folks on Wall Street with fingers crossed, but Newsweek's Allan Sloan thinks rates are already much lower than they should be.
Posted In: Wall Street

Big business invades your mailbox

Today's 2-cent bump in stamp prices will soon be followed by another postal rule change that gives big magazine publishers big discounts. The Nation's Katrina vanden Heuvel warns that could stamp out important voices from small publications like hers.

Happy wiretapping, officers

It should be easier for law enforcement to snoop on your online activity today. It's the deadline for cable, broadband and Internet phone companies to have built backdoor access into their networks for the Feds. Janet Babin explains.
Posted In: Science

Immigration reform stuck at the border

Lawmakers are scrambling to come up with a compromise on immigration reform before '08 politicking makes that impossible, but the two sides can't agree on which workers to let into the country. Steve Henn reports.
Posted In: Immigration, Washington

Cities try to curb climate change

Mayors from around the world are meeting in the Big Apple today for the Large Cities Climate Summit. The goal is to figure out how to reduce their carbon footprints, but it's no walk in Central Park, Sarah Gardner reports.
Posted In: Canada

Paulson's new game plan

The U.S. just isn't attracting foreign investment the way it used to, so Treasury Secretary Henry Paulson wants to see some changes in our playbook. And if he can push his agenda through, American companies may enjoy the new rules as well, Jill Barshay reports.
Posted In: Economy

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