Marketplace AM for May 16, 2006

Episode Description 

Piracy in China only getting worse

An American business group in China said today that government crackdowns on piracy haven't accomplished a thing. So companies are taking things into their own hands. Jocelyn Ford reports from Beijing.
Posted In: Canada

Saving Sophie Newcomb

Efforts by Tulane University to absorb one of the nation's oldest women's colleges and its sizeable endowment have hit a snag. Bill Zeeble has the story.

Bush addresses immigration

President Bush addressed the nation Monday to outline his plans to deal with illegal immigration. He called for a guest worker program and stressed the need to tighten security at the Mexican border.
Posted In: Washington

Wal-Mart earnings watch

Wal-Mart is expected to report double-digit earnings growth today. But future quarters may not be as rosy as the low-cost retail giant is forced to raise prices to meet rising costs and Wall Street profit demands. Alisa Roth reports.
Posted In: Wall Street

Patent trolls

Monday's Supreme Court ruling in a case alleging eBay illegally uses patented technology has far-reaching implications for a growing number of companies known as patent trolls. Janet Babin reports.
Posted In: Science

Medicare spending

A new study out today finds nearly one-third of the money Medicare spends on chronically-ill seniors is wasted. Helen Palmer reports.
Posted In: Health

Wholesale price report

The Labor Department this morning reported the biggest jump in wholesale prices since September. So does that mean higher prices coming to a retailer near you? As Amy Scott reports, it's not that simple.
Posted In: Economy

The IRS has had enough

The IRS is yanking tax-exempt status from dozens of credit counseling agencies found to be taking advantage of their clients — people already desperate for financial help. Lisa Napoli reports.
Posted In: Washington

Nike facing legal action in France

Legal problems are hounding Nike in Europe. This case involves a French soccer team accused of evading taxes. Stephen Beard reports.
Posted In: Canada

Stop selling iPods? Good luck . . .

Creative filed suit in federal court Monday seeking an injunction to stop iPod sales, saying Apple infringed one of its patents. But the Supreme Court's eBay ruling could derail Creative's plan. Janet Babin reports.
Posted In: Science

Higher wages on the way in China?

A key component of China's economic growth is low labor costs, but that could be changing. A think tank in China wants a major increase in minimum wage to try to reduce the rapidly increasing gap between rich and poor. Jocelyn Ford explains.
Posted In: Canada

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