Marketplace PM for June 27, 2007

Episode Description 

Guitar Center follows its own drummer

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.
Posted In: Investing, Retail, Wall Street

Brown takes reins as U.K. prime minister

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.

Fed closing check-processing centers

Because people are writing fewer checks, the Federal Reserve says it's going to close almost all of its 22 check-processing centers. ThPat Barron, head of the Fed's check processing operations, explains what's happening.
Posted In: Economy

What campaigns need is a blind trust

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.

Maybe Hooters and Puritans don't mix

Hooters has shown strong growth nationally -- except in New England where the franchise known for its busty waitresses faces Chapter 7 bankruptcy and is liquidating. Curt Nickisch reports.
Posted In: Entertainment

Number of millionaires growing fast

A report out today says that about a third of the world's 9.5 million millionaires live in the U.S. Robert Frank, who writes the Wealth Report column for the Wall Street Journal, discusses the report with Scott Jagow.
Posted In: Canada, Economy

Firefighters want flame retardant put out

A flame retardant in most homes keeps appliances and electrical wiring from catching fire, but a lot of firefighters want to get rid of it anyway because of the fumes it gives off when it burns. Sasha Aslanian reports.
Posted In: Health

A harder look at private-equity deals

A lot of the recent private-equity acquisitions have been paid for with borrowed money. But some of the people loaning the money for those kinds of deals are now saying there's too much debt involved. Amy Scott reports.
Posted In: Investing, Wall Street

Music from this show

Click below to purchase songs from this show through our Amazon affiliate.

Painting It Red
Definitive Collection
Futuresex/Lovesounds
Musique 1: 1993-2005
Franz Ferdinand

Browse the show calendar