02/01/08
Marketplace Morning Report for Friday, February 1, 2008
Episode Description:
Marketplace Morning Report for Friday, February 1, 2008
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Microsoft goes after Yahoo
Microsoft has made a $44 billion takeover bid for Yahoo. The merger would offer Yahoo the chance to compete with a certain search engine that seems to be dominating online advertising. Steve Henn has the story.
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Microsoft deal makes a Google rival
A Microsoft-Yahoo merger could mean strong competition for Google. Doug Krizner talks to Marketplace Internet and technology report Lisa Napoli about the effects of the deal and what could happen next.
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Considering a 'United States of Africa'
Members of the African Union are considering a confederation of the continent into something similar to the E.U. Gretchen Wilson reports whether the idea is a realistic one with 53 countries on board.
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Super Bowl ads targeting women
Super Bowl advertisers will be targeting the 40-percent female audience this Sunday. Andrea Gardner reports the move comes as the entertainment writers' strike has shut down a lot of female-oriented programming.
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Spend a 'Hard Days Night' in Liverpool
A new Beatles-themed hotel opens today in Liverpool. Hoping to appeal to the group's global fanbase, The Hard Days Night Hotel has a John Lennon suite and 9-foot statues of the band members outside. Alex McRae has more.
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Alcoa's Rio Tinto purchase strategic
Aluminum giant Alcoa and a Chinese partner have bought up large stake in Britain's Rio Tinto. The buyers say they don't want to purchase the whole company. Stephen Beard reports the move is mostly strategic.
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Music industry convenes on Internet
At the Midem music trade fair in Cannes, France, industry leaders gathered to discuss ways to keep business alive in the Internet age. Doug Krizner talks to Billboard's Bill Werde, who just got back from the conference.
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How much bigger can big oil get?
While market speculators are having a high time with high oil prices, they could actually end up hurting profit margins for the refining operations of the major oil companies. Bob Moon reports investors are asking about big oil's growth potential.
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Mitt Romney's adviser on economics
Scott Jagow asked Glenn Hubbard, Republican presidential candidate Governor Mitt Romney's economic adviser, about what Romney plans to do for the economy.
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