03/28/08
Marketplace Morning Report for Friday, March 28, 2008
Episode Description:
Marketplace Morning Report for Friday, March 28, 2008
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LG batteries about to get expensive
A fire this month at an LG chemical plant in South Korea is expected to raise the price of LG batteries used in computers. Stacey Vanek-Smith reports the shortage could have far-reaching consequences.
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Heathrow terminal has turbulent start
Yesterday's opening of Terminal 5 at London's Heathrow Airport didn't go as well as hoped. From missed flights to a collapsed baggage system to passengers waiting overnight, much fell apart. Stephen Beard reports.
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Tobacco still selling well abroad
Altria is spinning off Phillip Morris International to focus sales efforts towards smokers outside of the U.S. Ashley Milne-Tyte reports tobacco companies light up at the prospect of marketing to 350 million smokers in China.
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A broker takes up ARMS with us
Yesterday, we aired a story about adjustable rate mortgages as part of our Housing Madness series. Retired real estate broker Ann Hymes wrote in to let us know that ARMS aren't the problem here. She talks to Scott Jagow.
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Social fans support artists' careers
Some musicians are putting their own slant on social networking by starting their own sites. Doug Krizner talks to Billboard's Bill Werde about the evolving relationship between artist and fan and how diehards are getting more involved.
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Subsidy caps to help the farm
Congress takes up the Farm Bill next week, and for the first time in years, they've toyed with cutting subsidies. Nancy Marshall Genzer reports farmers have agreed to some reforms, including a subsidy cap for higher performers.
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Lights out for worldwide conservation
A conservation group wants cities around the world to turn off their lights for an hour this weekend. But some skeptics called last year's event publicity stunt that inspired little long-term change. Sarah Gardner reports.
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