08/29/08
Marketplace Morning Report for August 29, 2008
Episode Description:
Marketplace Morning Report for August 29, 2008
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Business three years after Katrina
Today is the third anniversary of Hurricane Katrina, one of the deadliest hurricanes in American history. Scott Jagow marks the occasion by getting back to a New Orleans business owner we talked to a few months after the hurricane.
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Shanghai opens China's tallest building
The Shanghai World Financial Centre is 1,600 feet high and has 101 floors. Does having the mega-skyscraper mean Shanghai has arrived as a global financial hub? Marketplace's Scott Tong reports.
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Exports helped raise GDP
U.S. companies are increasingly relying on China and other booming economies to grow, with some companies seeing increased earnings only because of their sales abroad. Nancy Marshall Genzer asks how long this will last.
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Toyota cutting production in England
The American auto industry's economic woes have spread to England. Toyota will be the first major car maker in that country to scale back output. As Stephen Beard reports, it's a sign the slowing European economy is taking its toll.
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Putting theaters to work post-Labor Day
Labor Day marks the official end of blockbuster summer movie season. Now comes the dry spell as audiences await the Oscar warm-up. But cinema chains have come up with unusual ways to put empty theaters to use. Rico Gagliano reports.
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A festival to celebrate 'slow food'
In this fast-food obsessed country, one group of foodies holds huge festivals to celebrate dinner in the slow lane. Krissy Clark gets details from one of the organizers.
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