Marketplace Morning Report for May 12, 2008

Episode Description 
Marketplace Morning Report for May 12, 2008

Blackberry Bold challenges the iPhone

Blackberry released a sleek new cellphone today as its entry in the competition with Apple's iPhone. The secret ingredient: the Blackberry Bold uses a different kind of network to get all kinds of new features. Alisa Roth has more.

Quake-rattled China also hit by inflation

In China, consumer prices approach a 12-year high, leading to a global fear that Chinese factories are hiking prices for everyone. Scott Tong reports from Shanghai on commodity prices and inflation in China.

Prime time ad spots on sale this week

The big broadcast networks put on their annual dog and pony show this week in New York City. It's called "the upfront" and is the time when networks unveil new shows for advertisers, who then pre-buy commercial time. Stacey Vanek Smith reports.

It's not just your e-mail that gets scams

With all the focus on Internet scam spams, the idea of just plain snail-mail scams would seem to have gone the way of brick-sized cell phones. But Sally Herships reports that scammers have no preference when it comes to their dirty work.
Posted In: Crime

Chicken prices hardly moving

Although the cost of feed is soaring, the cost of chicken has barely budged this year. Ashley Milne-Tyte reports that chicken producers would love to raise their prices like everyone else, but are held back by retailers.
Posted In: Economy, Retail

Thousands feared dead in China quake

The death toll is rising in China, hit today by a magnitude 7.8 earthquake. Production halted at several car factories and power is out across a wide area. Scott Tong in Shanghai describes Sichuan province, where the quake hit hard.

Sloan Sessions: Buyouts get creative

We might be the midst of a credit squeeze, but that's not putting a complete stop to buyouts. Fortune magazine's Alan Sloan explains the creative routes some firms are taking to stay in the business of buying loans.

Wanna buy a turnpike?

The Pennsylvania Turnpike is about to become the largest piece of U.S. public infrastructure to be privatized. Jill Barshay reports that at least two overseas ventures have submitted undisclosed cash offers for the road.
Posted In: Travel

HSBC sees profits, but still feels pain

Europe's largest bank, HSBC, has made another big write-down because of subprime mortgages in the U.S. This news comes even though the bank has had a profitable first quarter. From London, Stephen Beard reports.
Posted In: Economy

Music from this show

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Fast As You Can (Album Version)
Fiona Apple
Launchpad
Clocks
Coldplay

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