Marketplace PM for August 29, 2007

Episode Description 

Rebuilding at Katrina's 'Ground Zero'

Two years ago, the hurricane first touched ground at low-lying Plaquemines Parish in Louisiana. Even as most businesses rebuild on higher ground, a new economic core is taking root in Plaquemines. Sam Eaton reports.
Posted In: Economy, Entrepreneurship

Phillip Morris splits for global growth

Altria Group says Philip Morris, the world's largest private tobacco company, will be split in two. The move frees the company from U.S. regulations to expand more aggressively overseas. Dan Grech reports.
Posted In: Canada, Health

Ride Dow roller coaster, or sit it out?

Do you get the feeling the market can't make up its mind? One day the Dow plunges, the next day it rockets back. Emotion is loose in the stock market, and lots of regular investors are getting wary. Steve Tripoli reports.
Posted In: Economy, Investing, Wall Street

Subprime storm: A financial forecast

The nation's biggest banks are adjusting their strategies to deal with the supprime loan crisis, and the credit crunch could get worse for all of us. Penn State economics professor John Mason offers some perspective.
Posted In: Economy, Investing, Wall Street

Wrinkles? No prob. Mole? Get in line

Got wrinkles? You can probably get a shot of Botox from a dermatologist within a week. But a new study finds that potentially more serious conditions could have you waiting for a month. Helen Palmer explains why.
Posted In: Health

Keeping to a frugal U.S. spending diet

Latest projections put the U.S. federal deficit at less than $160 billion -- the smallest deficit since before the September 11 terrorist attacks. Commentator David Frum says the government need to keep it that way.
Posted In: Washington

An economy built on hopes and dreams

The lyrics to "Way Down Yonder in New Orleans" call the city the "land of dreamy dreams." But as many put their hearts into rebuilding, Melanie Peeples says those dreams are for sale -- now more than ever before...
Posted In: Entrepreneurship, Jobs