08/17/07
Marketplace PM for August 17, 2007
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Fed's action gives markets some relief
The Fed today cut the discount rate -- what banks pay to borrow from the Fed -- by half a percentage point. Banks use it only when they're in a bind. Like the one they've been in the past couple of weeks. Jill Barshay reports.
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Skype silenced by software bug
Skype, one of the most popular companies offering phone service over the Internet, suffered a pretty unpopular glitch the last couple of days. Lisa Napoli reports.
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Southwest taking short hauls to No. 1
Southwest Airlines is on track to become the biggest airline in the world by the end of this year, as measured by the number of passengers carried. What's its key to success? Stacey Vanek-Smith reports.
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Beach reads: 'My Name Is Red'
We've asked some of our commentators to send along their nominations for the best business beach books. For today's final installment writer Harriet Rubin recommends a contemporary novel about the beauty of innovation.
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Week on Wall Street
Stockbroker and business analyst David Johnson talks with host Kai Ryssdal about the markets' nervous reactions to the liquidity shortage.
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Will the rush for green pan out?
There's money to be made in the effort to halt global warming. One burgeoning business is the buying and selling of "carbon offsets" to American industry and consumers. What are these offset projects and how good are their claims? Claire Schoen reports.
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Dogs take couture to the catwalk
Pet Fashion Week kicks off tomorrow in New York, featuring high-end products for dogs. Ashley Milne-Tyte reports that fancy Fido doodads are capturing an ever-larger slice of the $40-billion-a-year pet-products market.
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