Marketplace PM for March 1, 2006
The Hollywood labor unions are asking Disney to increase the royalties actors, directors, and writers receive when their work is downloaded from Apple's iTunes music store. Disney says it won't go beyond the current DVD formula. Lisa Napoli has the details.
President Bush is in India. The outsourcing of US jobs will be a talking point of his trip, but there are other issues the President will touch on during his visit to the world's largest democracy. Kai speaks with Nandan Nilekani, the CEO of one of India's biggest technology companies, Infosys.
During his visit to the sub-continent, President Bush is hoping to sell India on the idea of buying civil nuclear technology from US manufacturers. India is the world's second youngest nuclear country. Alisa Roth reports.
Posted In: Economy
Los Angeles Cardinal Roger Mahony plans to use today's observance of Ash Wednesday to pray and press for humane immigration reform. He said that he would instruct churches to defy a proposed federal requirement to check the legal status of parishioners seeking charity. Hillary Wicai has more.
The proposal to sell a Dubai-based company major American ports is on hold. The Bush administration agreed Sunday to an investigation of the deal's potential security risks. But New Jersey officials argued today that that review wouldn't be sufficient. Commentator Ben Barber also has a problem with the port deal.
A Senate subcommittee listened to a report on boosting American students' interest and knowledge of science and engineering today. This is part of President Bush's larger plan to increase American competitiveness and keep technological rivals China and India at bay. But in many schools across America, it's an uphill battle. Sarah Gardner reports.
A group of Texas sheriffs are in Washington today, testifying before the Senate's Immigration, Border Security and Citizenship subcommittee about border issues in their state. This comes as the Senate is debating a wide range of immigration reforms. John Dimsdale has the story.
Flight attendants at Northwest Airlines seem to have averted a strike today by agreeing to another round of pay cuts. Cheryl Glaser has more.