Marketplace for Monday, Nov. 5, 2007

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Google plans to get inside your phone

Google announced today it is developing a free cell-phone software package so it can more easily put ads and services before the eyeballs of people who aren't in front of a PC. The Wall Street Journal's Kevin Delaney talked about it with Kai Ryssdal.
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There may be futures in diamonds

Investors looking to make money in commodities can buy futures contracts on all kinds of things, such as gold, currencies, wheat. One futures contract investors can't buy is diamonds. But as Alisa Roth reports, some people would like to change that.
Posted In: Investing, Wall Street
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'Brand America' has gone toxic

When it comes to the image of American brands overseas, commentator Benjamin Barber says that there's a lot of repair work to be done.
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The British are coming ... with groceries!

Grocery giant Tesco is trying to succeed in the U.S., where many of its fellow British companies have failed. It opens five stores across Southern California this week. Stephen Beard reports on whether the company can break Britain's retail losing streak.
Posted In: Retail
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Price of helium keeps rising

Helium is the second-most abundant element in the universe. But here on Planet Earth the gas is getting harder to come by. A worldwide helium shortage is affecting everything from the party industry to medicine. Amy Scott reports.
Posted In: Science
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Petrochina is worth $1 trillion? Well...

PetroChina's IPO turned into a gusher today, making it the first company in the history of the world worth more than $1 trillion. But some analysts say the oil giant's market valuation is artifically high. Bob Moon reports.
Posted In: Wall Street
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Citigroup has some serious fixing to do

Citigroup says it could face as much as $11 billion more in losses -- after it took almost $6 billion in write-offs last month. Former Treasury Secretary Robert Rubin has been elevated to chairman to fix things. But what will happen to its retail banking business? Jill Barshay reports.
Posted In: Investing, Wall Street

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