Marketplace Morning Report for Sept. 2, 2008

Episode Description 
Marketplace Morning Report for Sept. 2, 2008

Oil prices down as Gustav leaves Gulf

Although assessments of the derricks and refineries in the Gulf are only just beginnng, the expectation is that Hurricane Gustav left minimal damage. Oil futures dropped on the assumption. Steve Henn reports.
Posted In: Economy, Oil

Machinists voting on Boeing contract

If the International Association of Machinists members reject the new contract, the union could strike. That could cost the company $100 million a day and delay delivery of work for the government. Danielle Karson reports.
Posted In: Airlines, Jobs

Libya's giving oil profits to Libyans

Libyan leader Moammar Gadaffi will begin distributing the country's substantial oil profits directly to the people of Libya. They can spend it however they want. Gretchen Wilson has more.

Nokia's new 'Comes With Music' phone

Nokia is taking aim at Apple with a new phone that lets buyers download music for free for a year. "Come With Music" phones go to market in the UK first, then Europe. Brett Neely reports.
Posted In: Entertainment, Internet

TV advertisers target Ramadan

During the holy month of Ramadan, Muslims fast during the day and break their fast after sunset. Then, for many it's sit back and watch TV. Ben Gilbert reports on advertisers going after that audience.
Posted In: Entertainment

Did 'staycation' promos help hotels?

Hotel managers knew rising gas prices and a slumping economy would cause vacationers to cancel travel plans. Hence, the "staycation," offering discounts and other amenities to locals. Jean-Luc Renault reports.
Posted In: Savings, Travel

Home insurance in post-Katrina world

Katrina cost the insurance industry $40 billion, and in the hurricane's wake, home insurance rates have as much as doubled. Many homeowners couldn't afford the new premiums and had to pass. Dan Gretch reports.

Gas prices driving school buses away

Some school districts can no longer afford to offer school bus service because of tight budgets and soaring gas prices. Rachel Dornhelm reports on what some families are doing to get their children to school.
Posted In: Education

Downloading textbooks on the sly

Hugely expensive textbooks have helped fuel an online black market, where students are downloading books from file-sharing Web sites for free. Katie Macpherson reports.
Posted In: Education

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