05/28/08
Marketplace Morning Report for Wednesday, May 28, 2008
Episode Description:
Marketplace Morning Report for Wednesday, May 28, 2008
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2
Auction off the right to pollute
All three presidential candidates are in support of cap-and-trade, but a closer look shows views differ on how polluter permits should be allocated. Commentator Robert Reich is voting for a carbon auction.
0
Lower oil prices here to stay?
The price of oil dropped this week to $127 a barrel, and there's reason to believe it may stay lower. Jeremy Hobson gets feedback from an oil analyst who says oil prices have traditionally been higher around Memorial Day.
1
Taiwan, China talk economy
For the first time in almost 60 years, high-level heads of China and Taiwan met to discuss economic cooperation. Lisa Chow reports from Beijing this could leave mainland Chinese free to visit Taiwan whenever they wanted.
0
Prices up? Off to the dollar store
Rising prices are causing dollar stores across the country to see a surge in their business. Alisa Roth visits one in New York to see what she can get, and how inflation can actually hurt these stores down the road.
0
UBS to staff: Don't visit U.S.
In the midst of a tax evasion scandal in the U.S., UBS has reportedly told some of its staff not to travel there for fear of being arrested by U.S. authorities. Stephen Beard explains why the request was made.
0
Fighting to stay on top of rental game
Netflix and Blockbuster are both up against big contenders as Apple and Amazon grow their online movie businesses. Jennifer Collins reports how the two rental companies plan to fend off competition.
4
Exxon not into climate change talk
Exxon Mobil shareholders are holding their annual meeting in Dallas today, where some will push for a focus on climate change. But some shareholders think they should only concentrate on making money. Jeff Tyler has more.
0
A new prize for the sciences
Norwegian-born businessman and science enthusiast Fred Kavli wanted to give something back. Thus was created the Kavli prize for nanoscience, neuroscience and astrophysics. Janet Babin has more.
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