10/30/06
Marketplace AM for October 30, 2006
Episode Description:
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Ringtone royalties
There's a whole lot of money rolling in from cell phone ringtones and other digital downloads — but music companies might be taking more than their share of the royalties. Lisa Napoli reports.
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Putting a price tag on global warming
A new study says climate change could cost the world economy more than $6 trillion unless drastic, international action is taken now. The good news: The cost might be pretty reasonable. Stephen Beard reports.
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Vioxx heads to court . . . again
Merck's arthritis drug Vioxx is back in court today as an 11th case goes to trial, but the legal landscape of the ongoing litigation has changed considerably. Helen Palmer reports.
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Bidding war for Delphi?
Nevermind all the trouble facing U.S. automakers lately: Some hedge funds and private-equity firms are banking on growing profits in the auto-parts industry. Bob Moon reports.
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Crash course in history
This week marks the anniversary of Black Tuesday. Stacey Vanek-Smith takes us back for a look at the great stock market crash of 1929.
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Youth unemployment up
The ILO's latest report says that 85 million young people around the globe are jobless. Hardest hit: Southeast Asia where youth unemployment has risen 85 percent over the past decade. Ruth Kirchner reports.
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Squelching rumors of Chavez ties
A U.S. voting machine manufacturer has confirmed it's being investigated for alleged ties to Venezuelan President Hugo Chavez. But it requested the federal investigation to clear its name, Janet Babin reports.
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Investing in the kids
Host Scott Jagow and Marketplace economics correspondent Chris Farrell look at a new trend in corporate philanthropy: giving to early childhood development programs.
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