06/05/07
Marketplace PM for June 5, 2007
Episode Description:
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Private equity's rising debt gets Fed's attention
Fed chief Ben Bernanke said today he's still worried about inflation. Something else the Fed is keeping its eye on is the debt that some private equity firms are amassing in their recent buying binge. Amy Scott reports.
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Weak housing market hits home goods
Retailer Bed, Bath and Beyond saw shares fall 5.4% today on news that first-quarter earnings would be below expectations. Some analysts are pointing the finger at the weak housing market. Jeremy Hobson reports.
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Should airport workers go through the screener?
Congress is looking at ways to improve the screening of the 1 million people who work at the nation's airports — which isn't done already. And airlines and airports don't like the idea. John Dimsdale reports.
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Why so much Avandia in the first place?
The diabetes drug Avandia has been linked by a study to heart attacks and deaths. Commentator Dr. Stefan Kertesz says, in addition to the drug itself, the system that led to it being so heavily prescribed should be examined.
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Seeking peace through literacy
Extremists are recruiting in the mosques of cities like Casablanca, where unemployment and illiteracy are widespread. But John Laurenson reports the Moroccan government has a cheap and effective way to win hearts and minds.
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Hand over the cash or the Amazon gets drilled
Ecuador's president says if international organizations and foreign governments pony up hundreds of millions of dollars a year in development aid, the country won't drill for oil in the Amazon Basin. Dan Grech reports.
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New Coke? Made with less water
Coca-Cola is promising to return to nature every drop of water it uses in making its drinks. Last year, that was 76 billion gallons worldwide. Sustainability Desk reporter Sam Eaton talks with Kai Ryssdal about Coke's plans.
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Corner stores on the edge
In dense urban areas where housing prices are rising dramatically, corner stores are seeing a lot of new faces. Lisa Chow takes a look at New York markets on the leading edge of gentrification.
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