12/24/07
Marketplace for Monday, Dec. 24, 2007
Episode Description:
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Churches rely on Christmas rush, too
Retailers aren't the only ones counting on the Christmas rush. December is high season for church going. And while year-end isn't exactly make-or-break time for churches, the way it is for stores, it is a key time to fill up those coffers. Ashley Milne-Tyte reports.
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Drive for profit, salvation haunt 'Blood'
Among the films opening this week is "There Will Be Blood." Daniel Day-Lewis stars as a wildcat oil driller in this loose adaptation of an Upton Sinclair novel. Commentator John Brady says the film offers a look at some uniquely American themes.
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Zimbabwe children fend for themselves
With Zimbabwe's inflation out of control and about 80% of its workforce unemployed, thousands of its citizens are crossing into South Africa illegally to find work. Many of them are children who make that journey by themselves. Gretchen Wilson reports.
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Turning good works into good business
A community of Cistercian monks in Wisconsin has developed a Web business reselling ink and toner cartridges for printers at a discount. Sarah Caniglia wrote a book about her experiences helping the "laser monks" run their website. She talks with host Amy Scott.
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More shoppers wait till last minute
If you were getting in your last-minute shopping today, chances are you're either a hardcore procrastinator or you're looking for deep discounts just before Christmas. Jeremy Hobson took a look at the holiday's final retail rush.
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MAXjet is maxed out on debt
MAXjet Airways filed for Chapter 11 bankruptcy protection today, leaving some passengers stranded on Christmas Eve. Nancy Marshall-Genzer takes a look at what sent the airline into freefall.
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Merrill turns to Singapore, others for help
Merrill Lynch, which lost more than $2 billion last quarter on bad subprime mortgage investments, got some help today from Singapore's Temasek Holdings, Davis Partners, and GE Capital. Jill Barshay reports.
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