04/04/05
Marketplace PM for April 4, 2005
Episode Description:
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The bankruptcy chase, and bankruptcy race
Later this week, the House is expected to approve an overhaul of the bankruptcy code. It would make it tougher for individuals to protect their assets from creditors. The Senate passed it last month. The President has said he'll sign the bill. Marketplace's Hillary Wicai reports that some people on the brink of bankruptcy are being urged to jump now.
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Wal-Mart to the media: "Come to Bentonville... "
A mysterious candy company once held a contest. Hidden in five chocolate bars were five golden tickets. If you found one, you'd get a chance to go inside Willy Wonka's factory. No one had been inside before. What brought the Wonka story to mind was word of an event tomorrow in Bentonville, Arkansas. The people at Wal-Mart are opening up their headquarters for the first time ever to a select few. You don't need a golden ticket, but you do need a press pass.Marketplace's Lisa Napoli tells us what Wal-Mart's trying to do.
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The cellphone industry wants ... your child.
A publication called PC World today reports on a cell phone that doubles as a camcorder. True, there are already cell phones that can record video. The innovation here, if you want to call it 'innovation' is that the phone looks like a video camera. With a big viewfinder and a large lens. The telephone keypad is hidden. $600. This may sound like a horribly expensive toy. Parents know that with text messaging and color displays, the 'cellphone as toy' is not too far off the mark. Commentator and psychologist Susan Linn says advertisers know it, too.
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Fox, a baseball deal, and programming for television
Yankees 9, Red Sox 2. But no word yet on how well Fox television scored with its broadcast of baseball's season opener Sunday. Last week, Fox television lost its top programmer, Gail Berman. She's off to Paramount Pictures to take the number 2 slot. Before she left, one of her biggest challenges was figuring out how to square baseball season with television season. Lisa de Moraes is TV columnist for the Washington Post...
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Cloning pets - Fido is that really you?
You may have seen the news photos late last December. A Texas woman showing off her $50,000 cat. Little Nicky was the kitten's name. The first cloned-to-order pet sold in the U.S. The company that claimed to have grown the cat is about to open the world's first commercial pet cloning lab. People can just walk in and after making a genetic deposit order up a new pet. As Brian Bull reports, not everyone's feeling warm and fuzzy...
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