06/20/08
Marketplace Morning Report for Friday, June 20, 2008
Episode Description:
Marketplace Morning Report for Friday, June 20, 2008
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Southwest is still flying high
Southwest Airlines has been able to stay competitive with the help of billions of dollars in fuel hedges that allow the company to pay less per gallon. Janet Babin reports the carrier may also soon add new destinations.
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Baseball hits replay for a boost
Major League Baseball has seen its viewership declining over the last 10 years or so, but MLB commissioner Bud Selig hopes instant replays will help turn heads. Renita Jablonski talks to sports writer Donnell Alexander.
8
Stepping away from the night light
Advocates of dark skies want the government to do something about light pollution at night. Janet Babin looks into who gets most annoyed by street lamps and what they're doing to help prevent a yellow haze.
0
Construction helps flooded towns
Mississippi floodwaters have forced tens of thousands of people in Midwest towns from their homes. Now the housing industry is looking ahead to the business of reconstruction. Jeff Tyler reports.
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Price of gas spikes in China
The Chinese government raised the base price of fuel by 18 percent, the first price hike in seven months. Tess Vigeland talks to Shanghai reporter Bill Marcus about the hike and the country's fuel subsidies to its citizens.
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Former UBS employee tells all
Former UBS employee Bradley Birkenfeld has pleaded guilty to a charge of helping a client dodge taxes, and says he will tell the U.S. everything he knows about the bank. Stephen Beard tells us more about what fraudulent behavior went on.
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More Wall Street prosecutions coming?
With Bear Stearns hedge fund managers facing charges of fraud, could other mortgage-backed securities with Wall Street connections be next? Ashley Milne-Tyte reports more criminal charges could be on the way.
7
Fewer school days mean less driving
Some school districts are reconsidering their typical five-day roster in order to save a few bucks. Alisa Roth covers one school cutting back an entire day of classes -- which could amount to six-figure savings.
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