07/06/06
Marketplace PM for July 6, 2006
Episode Description:
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Big win for big tobacco
Today, the Florida Supreme Court rejected a $145 billion award against tobacco companies. That decision could free them to do some corporate deal-making that wouldn't have been possible before. Helen Palmer reports.
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An unlikely auto alliance
Tomorrow GM's board meets to discuss a possible alliance with Nissan and Renault. GM CEO Rick Wagoner is reportedly opposed, but he's taking it seriously. That's more than you can say for some analysts. Amy Scott explains.
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Guilt-by-name discrimination
Thousands of cash transfers are being delayed or blocked by companies such as Western Union and MoneyGram — so that Muslim-sounding names can be checked for possible terror links on a government watch list. Bob Moon reports.
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Fighting corruption in Iraq
The Iraqi Ministry of Defense may be missing $1.2 billion due to fraud. Ben Gilbert follows one of the inspector generals tasked with tracking down the money and those responsible.
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How to strengthen shareholder democracy
Commentator Ian Ayres says small shareholders who think their tiny piece of a company leaves them with little voting power could follow the example of <i>recent</i> Greece and use "deliberative polling."
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Aer Lingus going public
The Irish parliament voted today to privatize its national airline. While US airlines are struggling, carriers abroad have been raking in the profits — especially Aer Lingus. So why let it go? Jeff Tyler reports.
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Can Microsoft compete with iPod?
Microsoft is expected to show off its new media player to music labels this week, hoping to head off rival Apple by offering more features the record industry wants. But will consumers buy it? Annie Baxter reports.
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Can next generation of entrepreneurs deliver?
A recent survey of entrepreneurs revealed that most earned money as kids, many via a paper route. The classic paperboy has gone the way of Mayberry. So is America losing an entrepreneurial breeding ground? Curt Nickisch looks below the fold.
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