05/29/08
Marketplace Morning Report for Thursday, May 29, 2008
Episode Description:
Marketplace Morning Report for Thursday, May 29, 2008
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0
United, USAir could talk merger
The CEOs of United and US Airways are meeting today, and merger talks may not be too far off. But despite obvious hurdles, including different labor unions and systems, Jeremy Hobson reports they may not have much choice.
0
Tata further details takeover plans
Indian automaker Tata Motors announced its yearly results this week and further details on how it plans to takeover Jaguar and Land Rover. Mehul Srivastava reports the impact of Tata's news on shares.
4
Can we blame it on index speculators?
The yo-yoing of gas prices is dizzying, and one theory points to index speculators as one reason for the price volatility. Economics correspondent Chris Farrell talks to Scott Jagow about whether index and speculators belong together.
2
Local bookstore's support on the rise
Even in an era of economic downturn and the big box store, independent book store Skylight Books is expanding. Commentator Kerry Slattery says it's all thanks to growing shopper awareness for the impact of local businesses.
1
A license for quicker international travel
New York State is introducing an enhanced drivers license which will double as a passport to Mexico, Canada and the Caribbean. The license is an attempt to make business travel more efficient. Alisa Roth reports.
2
Dior apologizes to China for Stone
Christian Dior is making some high-profile apologies to China after actress Sharon Stone made comments about the earthquake in Sichuan. Stephen Beard reports why the red-carpet gaffe is causing red faces.
4
Spelling success across the globe
A record 288 spellers are participating in the Scripps National Spelling Bee, which kicks off its finals today in Washington. John Dimsdale reports how spelling bees are a successful practice internationally.
0
Bear Stearns to cease roar
After 85 years on Wall Street, investment bank Bear Stearns will soon disappear. This morning, the bank's shareholders vote on the JP Morgan buyout. Jill Barshay reports why the bank is ready to accept a low buyout.
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