10/19/06
Marketplace AM for October 19, 2006
Episode Description:
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Online gamers, don't skip Econ 101
You might think being good at Internet video games is all about slaying monsters with the click of a mouse. But as David Martin Davies reports, knowing a little economics also comes in handy.
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Scraping by on minimum wage
Oregon has one of the highest minimum wages in the country. Mitchell Hartman reports from Portland on how recipients are getting by on $7.50 an hour.
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Big changes at NBC
NBC announced today it will slash 700 jobs and $750 million in expenses as it puts less money into news and prime time programming and more into new media. Dan Grech reports on the network's restructuring plan.
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Gas prices headed back up?
Members of the powerful oil cartel are expected to authorize production cuts to boost oil prices today when they meet today. Jeff Tyler takes a look at how that could impact the U.S. economy and consumers at the pump.
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Finally, blue skies for airlines
Southwest is expected to post healthy Q3 earnings today on the heels of rosy profits from American Airlines yesterday. Is this the long-awaited turnaround in the airline industry? Diantha Parker reports.
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New dress code at Six Flags
Struggling to boost attendance rates, Six Flag theme parks have introduced a new code of conduct for guests. But as Ashley Milne-Tyte reports, the strategy is not without risk.
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Paper or plastic?
Most Americans prefer debit cards over cash when shopping at the grocery store. But as Rachel Dornhelm reports, the stores aren't too fond of the practice.
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A history of oil problems
Gas prices could be on the rise again if OPEC follows through with production cuts, but things could be worse. Stacey Vanek-Smith takes us back to this week in 1973 for the OPEC oil embargo.
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Rice in Asia
Secretary of State Condoleezza Rice is in Seoul today and Beijing tomorrow to try to bolster support for enforcing UN sanctions against North Korea, but she may be in for a lukewarm reception. Ruth Kirchner reports.
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UK wants airlines to pay for pollution
Britain wants all airlines that depart from Europe to get on board the EU's greenhouse gas trading program within two years — and that includes U.S. carriers. Kyle James reports.
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