12/26/07
Marketplace Morning Report for Wednesday, December 26, 2007
Episode Description:
Marketplace Morning Report for Wednesday, December 26, 2007
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Stories 'Made in China' in 2007
From tainted toys to cheap currency to enormous investment power, China had a wealth of economic stories this year. Shanghai correspondent Scott Tong puts things into perspective with host Renita Jablonski.
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The post-holiday productivity slump
Are you at work on this day after Christmas? Plenty of people are. But, as Ashley Milne-Tyte reports, unless you're working retail your business is probably about half as productive as usual right now.
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Toy safety data is a text away
If you're out shopping today and you want to know how safe that toy is before you buy it, you can peruse with more confidence if you've brought your cell phone. Rachel Dornhelm has more on toy safety texting.
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BMW cutting jobs for efficiency
Car maker BMW announced it's going to cut thousands of jobs next year. Although the company wants to cut its costs, it's not squeezing its staff because of the same problems facing Detroit. Alisa Roth reports.
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When the private-equity bubble burst
Many private-equity stories on Wall Street had disappointing endings this year. Amy Scott recaps some of the deals with Doug Krizner, and looks into why many investors started turning away from risky debt.
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It was a weak retail season
Last-minute shoppers helped boost retail numbers before the holiday, but overall buying was still weak. Jill Barshay reports women's clothing was a particularly big casualty, and tells us where to go for bargains now.
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Business flights can't carry economy
After MAXjet filed for bankruptcy on Christmas Eve, other business-only carriers have come forward with their own economic hardships. Stephen Beard reports which airlines may not be taking off as expected.
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North Korea talks nuclear for aid
In talks between China and the two Koreas, North Korea is being offered economic aid if it discloses information on its nuclear program. Scott Tong reports the deal could fall apart if North Korea reneges.
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