Marketplace Morning Report for May 5, 2008

Episode Description 
Marketplace Morning Report for May 5, 2008

What's next for Yahoo?

Yahoo's stock is taking a beating today. This weekend, Microsoft raised its $43.7 billion bid for the company, but Yahoo turned it down. Amy Scott looks now at what's next for both companies.
Posted In: Science, Wall Street

'The Enron of Italy' settles U.S. suit

When the Italian food giant Parmalat went bankrupt in 2003, it became known as "the Enron of Italy." Investors in the U.S. and Europe lost billions. The company has just agreed to a settlement with American investors. Megan Williams has more.
Posted In: Crime

Congress works on Iraq spending limits

Congressional leaders are still trying to cut a deal over funding to continue fighting the wars in Iraq and Afghanistan. Both Republicans and Democrats want spending limits, as well as a share of costs from Iraq. John Dimsdale reports from Washington.

UK tax could incite corporate flight

A move that would raise taxes for multinational companies in Britain has stirred up a fury. Giant advertising firm WPP says it may pull its headquarters out of Britain. Others could do the same. From London, Stephen Beard reports.
Posted In: Taxes

Uranium mining booms in Western U.S.

Record prices for uranium have sparked a mining boom in the Western states. A green advocacy organization says runoff from the mining could contaminate the Colorado River, which supplies water to 25 million people. Jeremy Hobson has more.
Posted In: Science

House debates foreclosure rescue

The House is expected to consider a $300 billion housing rescue package this week. The bill would allow the Federal Housing Administration to insure new, cheaper mortgages for homeowners facing foreclosure. Nancy Marshall Genzer reports.
Posted In: Housing

Backstage with the Mars-Wrigley deal

Fortune Magazine's Allan Sloan talks about why the Mars-Wrigley deal went through in this tight economic climate. He says Warren Buffett's blessing helped, and that gum is simply a good business.

Hollender's rules on being green

Jeffrey Hollender is the outspoken CEO of Seventh Generation, maker of non-toxic household products. How does he judge whether a company is truly green? Sarah Gardner caught up with him recently to ask just that question.

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South Saturn Delta
Misread
Kings Of Convenience