08/30/07
Marketplace PM for August 30, 2007
Episode Description:
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Will he or won't he talk interest rate cuts?
The financial world is waiting to see if Ben Bernanke will give any indication of a cut in interest rates at an annual monetary conference tomorrow. Tess Vigeland talks to Michael Sheldon of investment banking firm Spencer Clarke.
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Iraqi task force targets contract fraud
The U.S. Army is launching a major investigation into fraud reports in all those private contracts awarded for military operations in Iraq. With 18,000 contracts in four years, they'll be plenty busy. John Dimsdale reports.
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Not all YouTube providers content
Today, YouTube announced a music-sharing agreement with thousands of U.K. songwriters who'll get paid if their music is used. But as Janet Babin reports, some say content providers should choose if they want to be on there in the first place.
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Market troubles not just 'bad weather'
The market goes down, and then up and then back down again, and there's nothing we can do about it, right? Not according to commentator Amity Shlaes, who says unlike weather, crashes and recoveries aren't inevitable.
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CNBC glitzes up for business-news war
Fox is launching its own business channel in mid-October, and CNBC is preparing for the competition by spicing up everything from graphics to programming. Amy Scott reports.
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Now you're just bending your luck
With superstar David Beckham out of the game due to an injured right knee, will disappointed fans hurt Major League Soccer profits? Tess Vigeland talks to Sports Business Group founder David Carter about the potential losses.
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No longer the 'Princess of Sales'
Tomorrow marks the 10th anniversary of the death of Princess Diana, Princess of Wales. But despite the major memorial event, interest in the Princess has waned — as have the profits that grew around her image. Stephen Beard reports.
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