Marketplace PM for June 27, 2007
Posted In: Investing, Retail, Wall Street
Guitar Center, which started almost a half century ago as a small appliance and organ shop in Hollywood, has been bought in a private-equity deal. How did the company get to being worth $2 billion? Rachel Dornhelm reports.
Gordon Brown is Britain's new prime minister. As Tony Blair's finance chief he was highly praised for how he ran the economy. Now that he's moving into 10 Downing Street, how will he run the country? Stephen Beard reports.
Some people say the Supreme Court's ruling this week on campaign ad spending opens the floodgates to a barrage of last-minute issue ads. But commentator Robert Reich says they're missing the real issue.