Marketplace AM for September 21, 2005
Along with plans to lay off more than 6,000 workers, Federated Department Stores announced Tuesday it will retire the venerable Marshall Fields brand. Alisa Roth looks at whata€™s in a name.
The travel industry reports that, despite higher gas prices, the number of Americans who took their vacations this summer didn't drop. Patrick Hirsch reports that the cruise ship industry that was the real winner.
Miranda Kennedy reports from Thailand that age-old habits and customs could fan a bird-flu pandemic. On Tuesday the WHO warned that it needed $250 million to try to prevent spread of the disease in humans.
Arizona Public Radio's Daniel Kraker looks at a group of Native American ironworkers that hopes to ride the construction wave while building on their heritage.
The softwaremaker announced a massive corporate restructuring Tuesday, all but acknowledging that it isn't nimble enough to compete with the likes of Google and Yahoo. Stacey Vanek Smith reports.
Ford's COO Jim Padilla predicted Tuesday the American auto industry may not be able shake off its profit slump for 18 months or more. Ashley Milne-Tyte reports on what Detroit needs to do to right its (station) wagon.
Boeing predicts the China will need as many as 2,600 new planes over the next 20 years to accommodate growing demand for air travel. And, not surprisingly, it has just the planes to do the job. Jason Paur reports.
Apple's Steve Jobs took the music industry to task when he called its demands to up song prices "greedy." Do 99-cent songs on iTunes have a future? Jeff Tyler reports.