12/17/07
Marketplace Morning Report for Monday, December 17, 2007
Episode Description:
Marketplace Morning Report for Monday, December 17, 2007
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Shoppers make it a cold season
With Christmas around the corner and December retail sluggish, shops are pulling out all the stops in order to bump up sales. Amy Scott looks into what's driving customers away, and what might help boost the numbers after the holiday.
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European online gambling out of luck
European online gaming companies have been unable to join the U.S. market since Congress banned foreign Internet gambling last year. The E.U. decided not to fight the ban, despite appeals. Megan Williams reports.
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Higher costs create more needy
The needy are growing in numbers and expanding from single individuals to families. Alisa Roth reports usual suspects like poverty and unemployment are causing the increase, as well as higher cost of living and foreclosures.
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Investors help banks regain balance
UBS and Citigroup are among the institutions going out and finding funding despite the existance of a superfund. Fortune Magazine's Allan Sloan is very optimistic about where this could lead.
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U.S. mail busy, but not busy enough
It's the busiest day of the year for the U.S. Postal Service, and it could use the business. Despite delivering half the mail in the world, the U.S. Post Office suffered $5 billion in losses this year. Stacey Vanek-Smith reports.
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FCC's second attempt to open door
The FCC is once again trying to loosen restrictions on media ownership by allowing one company to own a TV station and newspaper in the same market. John Dimsdale reports it could mean fewer sources of information.
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Lighting a fire under the soup
In the late 90s, Campbell Soup sales were falling and the iconic American brand was losing market share. Doug Conant was brought in from Nabisco to turn things around as president and CEO. He spoke with Kai Ryssdal about studying hard to stay on top of his game.
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