Marketplace PM for March 13, 2006

Episode Description 

McClatchy Buying Knight-Ridder

The McClatchy Company is buying the country's second-largest newspaper publishing company, Knight-Ridder Inc., for $4.5 billion. McClatchy plans to sell 12 of Knight-Ridder's 32 newspapers. Bob Moon looks at why McClatchy would sell these papers, who might buy them and why.

Changing dollars to euros

The United Arab Emirates is considering shifting 10% of the country's foreign exchange holdings from US dollars into euros, twice as much as previously planned. Alisa Roth reports on whether investors should be concerned.

'Da Vinci Code' case

Dan Brown, author of the hugely successful book "The DaVinci Code," is on the witness stand in London in a copyright infringement case brought against him by two writers who say he "appropriated the architecture" of their book. Lisa Napoli reports.
Posted In: Canada

Sex Pistols reject Hall of Fame ceremony

The Sex Pistols are scheduled to be inducted into the Rock and Roll Hall of Fame tonight. But the band members refuse to come to the ceremony because, they say, the price of admission is too high. Curt Nickisch reports.

NYMEX going public

The New York Mercantile Exchange, or NYMEX, will soon be publicly traded. Amy Scott reports on how NYMEX's ways of doing business could be changing.

Mad-cow case reported in US

The third American case of bovine spongiform encephalopathy, or mad cow disease, was confirmed today in Alabama. Host Tess Vigeland speaks to Ernie Davis, an agricultural economist at Texas A&M University, about the case.
Posted In: Economy, Investing

Commerce clause and health

The House of Representatives just passed a bill bypassing state requirements on food-safety labels. A Senate committee is due to vote on a plan to bypass state-insurance-benefit requirements. Consumer advocate Jamie Court comments on what's at stake.

Worst Company has its own March Madness going on that has nothing to do with basketball: an online tournament for the worst company in America. WHYY's Ian Chillag reports on the "final four" competition, which begins today.
Posted In: Sports

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