01/03/08
Marketplace Morning Report for Thursday, January 3, 2008
Episode Description:
Marketplace Morning Report for Thursday, January 3, 2008
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A windfall for The Weather Channel
The company that started The Weather Channel is expected to put it up for sale, and many big-time companies are said to be interested. Janet Babin reports the 24-hour weather broadcaster could make a fortune.
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Supermarkets giving away free drugs
A few supermarket chains have begun offering free prescription medications for a limited number of drugs. Matt Sepic reports in some cases, the stores actually make more money by giving the drugs away.
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High-risk deals not necessarily bad
High-risk investors have been taking advantage of subprime by buying damaged shares. Now, regular money managers are starting to dabble, too. Sam Eaton reports so-called "bottom-feeding" can yield big returns.
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It's only four-star if they say so online
Online ratings are important for hotels to factor in if they want to stay on top of their game, according to consumer experts. Lenora Chu explores how ranks and reviews from customers can affect these businesses overall.
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Three Kings Day gives gift of sales
To get a post-holiday sales bump after a rough season, retail chains like Wal-Mart are promoting products for Three Kings Day, a traditional post-Christmas Hispanic holiday. Dan Grech reports.
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Ethanol fuels debate in Iowa
As the Iowa caucuses come to a close tonight, all presidential candidates have the corn-based fuel ethanol on their plate. But not everyone in the corn-heavy state is on board. John Dimsdale reports.
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Foreign investors in U.S. boardroom
As Americans back away from banks and financial institutions, foreign investors are stepping in. But the leverage these shareholders can have in U.S. boardrooms is a politically-charged issue. Janet Babin reports.
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