07/12/07
Marketplace PM for July 12, 2007
Episode Description:
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Afghans' opium harvest in full swing
Afghanistan's opium poppy crop is said to generate over $3 billion, more than half its GDP. And evidence is mounting that the money is funding the Taliban and government corruption. The New Yorker's Jon Lee Anderson went there and tells what he discovered.
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CEOs can live on as artists
Instead of fading into retirement once they've reached their golden years, today's CEOs are redefining what they do. Commentator Harriet Rubin says creative rebirth is a good way to build a legacy.
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I'll wear what she's wearing
A powerful public relations campaign is saving clothing company Steve & Barry's millions in advertising, thanks to the star appeal of Sarah Jessica Parker. Jill Barshay explores what makes such outreach so successful.
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Alcoa loses Alcan bid to Rio Tinto
Rio Tinto has agreed to buy Canadian aluminum company Alcan for $38 billion, making Alcoa withdraw its hostile bid. Bob Moon has the story.
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Will CEO's postings hurt merger effort?
The Federal Trade Commission has been trying to block organic grocery chain Whole Foods from buying rival Wild Oats, and it may have the ammunition it needs from CEO John Mackey's fondness for online chatter. Sam Eaton reports.
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Gazprom picks French firm as partner
Russian energy giant Gazprom announced a deal with French company Total to help develop Shtokman, a huge gasfield in the Russian Arctic. Stephen Beard reports.
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New peace brings need for an overhaul
Northern Ireland officials are worried their economy relies too much on public spending. Ashley Milne Tyte reports on the changes they're considering.
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