Marketplace PM for February 13, 2006

Episode Description 

"Misplaced" Katrina money

The Goverment Accountability Office said today hundreds of millions of dollars may have been lost after Hurricane Katrina, due to waste and outright fraud.

Merrill Lynch eyes BlackRock

Rumors are flying on Wall Street that Merrill Lynch hopes to acquire a large stake in money management firm BlackRock, in a deal that could be worth $8 billion. Amy Scott reports.
Posted In: Investing, Wall Street

Microsoft eyes mobile e-mail

Microsoft has plans for a new smart-phone, which they say will be cheaper and receive e-mails faster than rival RIM's BlackBerry. Microsoft hopes the savings will persuade companies to issue mobile e-mail phones to their rank-and-file. John Dimsdale reports.

Yahoo's China dilemma

Yahoo, under fire for giving information to Chinese authorities that resulted in the jailing of a Chinese journalist, today released a statement about the difficulties of doing business in China. Scott Tong reports.

A winning strategy for Valentine's Day

What's the best way to show that special person that you care on Valentine's Day? Do you need to shock-and-awe your true love? Commentator Susan Lee says no; one classic gift always makes the grade.

Tying the knot in France

Saying "I do" isn't at easy as it used to be in France. The country is trying to stamp out fraudulent marriages that some immigrants use to obtain citizenship. What's love got to do with it? John Laurenson has the story.

War profiteering trial starts

Tomorrow, the first Iraq war profiteering trial begins. US security firm Custer Battles is accused of defrauding the government while working in Iraq. Kai Ryssdal speaks to Charles Babcock of the Washington Post about the story.

Frequent-flyer pups

Midwest Airlines is about to start allowing passengers to bring small pets with them into the cabin. The animals can even earn mileage rewards. As WUWM contributor Ann-Elise Henzl reports, the move is a shrewd one for the bottom line.

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