05/01/09
Marketplace for Friday, May 1, 2009
Episode Description:
Marketplace for Friday, May 1, 2009
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India's diamond industry loses sparkle
The $65 billion global diamond industry has taken a big hit in the downturn. Prices have fallen by a third since August. That's bad news for India, where more than 70% of the world's diamonds are cut and polished. Raymond Thibodeaux reports.
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Weekly Wrap: How Chrysler will emerge
The swine flu dominated headlines, but Chrysler was one of the few things to divert attention away from the outbreak. Kai Ryssdal speaks with Fortune's Leigh Gallagher and Reuters blogger Felix Salmon about whether a stronger Chrysler will emerge after bankruptcy.
1
Going home hard for overseas workers
It's understandable that multinational companies are bringing their overseas workers back home to cut costs. But for many displaced workers and their families, it's not such an easy transition. Scott Tong reports.
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More blockbuster movies this summer
The summer movie season kicks off with the latest installment of the X-Men franchise. As Jeremy Hobson reports, there are a lot of potential blockbusters coming to a screen near you.
1
Buying Bendel's clothes? Not anymore!
Department store Henri Bendel will stop selling clothes this summer and focus on accessories and beauty products. Amy Scott reports on how luxury retailers are cutting costs and laying off staff in this recession.
3
Immigration policy to target employers
The Obama administration is shifting its policy on immigration enforcement. Instead of focusing on undocumented workers, officials will put their attention on employers. Dan Grech reports.
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Chrysler woes may help Kokomo diversify
Chrysler's bankruptcy is having huge ripple effects for the automaker's supply chain and the towns that support it, including Kokomo, Ind. Kai Ryssdal speaks with Kokomo Mayor Greg Goodnight about how his city is coping.
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Chrysler's impact on dealers, customers
Just because Chrysler is entering bankruptcy protection doesn't mean the automaker has stopped selling cars. The question is, will consumers buy them? Tamara Keith visits a dealership to find out.
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