12/15/05
Marketplace PM for December 15, 2005
Episode Description:
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No really -- they're GOOD for you!
The Illinois Supreme court today threw out a $10 billion judgment against Philip Morris parent company Altria in a consumer fraud case over "light" cigarettes. But the story doesn't end there. Helen Palmer reports from the Health Desk at WGBH.
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Mess transit
New York is bracing for a possible transit strike, and millions of subway commuters may have to find another way to work. Amy Scott reports on preparations businesses are making.
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The ties that bind
GM announced it'll no longer contribute matching funds to white collar workers' 401(k) plans. It's also cutting back on severance pay benefits. So how are the rank and file feeling? Alisa Roth reports.
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Senator William Proxmire:<BR>Memorial commentary
Former Senator William Proximire died today. The Wisconsin Democrat was legendary for his crusades against government waste and excess spending. He was also one of Marketplace's early commentators. In tribute, Marketplace revisited the first commentary the Senator wrote for us - in 1989.
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Higher. Faster. More extreme?
The Winter Olympics are nearly here, and athletes are raking in the endorsement money. As business of sports analyst Ed Derse explained, the big money is going to athletes in the new Olympic sports.
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Their own set of wheels
Youth Radio's Nishat Kurwa checked in to tell us the story of Ben Bikes, a program in South Africa that donates bikes to schools so that students can make it to school on time. But are bikes... cool enough?
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Ain't no levee high enough
The president has requested approximately $3 billion to repair New Orleans' levees. But the commitment is far less than local officials say is needed to withstand future hurricanes. John Dimsdale reports.
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