05/22/07
Marketplace AM for May 22, 2007
Episode Description:
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Click-to-win marketing
Big sweepstakes prizes aren't just for the big kids anymore. One company is making it cost-effective for small and mid-sized businesses to offer prizes potential customers might give up their personal information to win. Sean Cole has the contest details.
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A tour of China's economic bubble
China's red-hot economy has become cause for political consternation here in the U.S., but it's also pumping up fears of a bubble bursting at home and leaders there are feeling some pressure. Scott Tong walks us through it.
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China, U.S. hash out trade disputes
Beijing has sent its biggest-ever trade delegation to Washington for a summit on the trade deficit, debt, tarriffs and money policy. But don't get your hopes up for sweeping changes. Jeremy Hobson reports.
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Giving private equity a chance
EMI has agreed to a buyout offer from private equity firm Terra Firma. The timing of the news was surprising, says Billboard's Lars Brandle, but it seems the record company had some other bad news to bury.
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Heart trouble for Glaxo
GlaxoSmithKline stocks have continued their nosedive following release of a study that links the drugmaker's No. 2 seller to increased risk of heart attacks. But things could turn around. The FDA isn't taking action yet, Stephen Beard reports.
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Getting FEMA ready already
Only 10 days until the start of hurricane season. FEMA today is expected to tell Congress it's ready, but not everyone shares the agency's certainty. John Dimsdale reports.
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Watching over laptops everywhere
Alcatel-Lucent introduces a product today that lets IT departments communicate with the company laptops wherever they are. That means if one is stolen, they can freeze and protect the data. There's just one catch, Ashley Milne-Tyte reports.
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MySpace purge missed some sex offenders
The social networking site recently booted 7,000 users and turned over contact data to authorities — but only after being subpoenaed. And a quick search reveals the purge didn't get everyone. Pat Loeb reports.
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