Marketplace PM for December 20, 2004

Episode Description 

Cartoonist Cathy Guisewite on her best gift ever

The "Cathy" creator talks about two gifts that fit both sides of her personality.
Posted In: gift giving, holiday, Christmas, cartoon

Who owns Russia's oil?

Baikal Finance Group appeared out of nowhere over the weekend to become the winning bidder in the closely-watched auction for Yukos, Russia's biggest oil producer. The sale price was about $9.5 billion. Analyst Alex Brideau says it's not quite accurate to say we don't really know who owns all that oil right now. Not quite, but close.

Charity giveth and taketh

We're in the home stretch for charities collecting toys and money for the less fortunate. But big corporations are also reaching out. In this edition of the Low-Down, commentator Sandra Tsing Loh says her most recent encounter occurred at the drive-through window.

Grinch or giving?

Retail giant Target made itself into a modern Scrooge earlier this month when it banned the Salvation Army and those red Christmas kettles from outside its stores. But yes, Virginia, there is a Santa Claus -- the company does have other gifts to give. Todd Melby reports on Target's holiday presents to Minnesota police.

Pushing buttons in the DVD wars

We all know who won the 1980s home video war between Sony's Beta format and VHS. Well, it's deja vu all over again in the battle over super clear high definition DVDs. Once again, the future of the video technology we use at home will be greatly influenced by shadowy forces outside mainstream Hollywood -- namely, the porn industry. Claude Brodesser has the story.