Marketplace PM for March 22, 2006
Today the United Auto Workers announced much-awaited deals with both GM and Delphi. The deal is designed to help GM meet its restructuring goals by trimming its workforce... and to avert a much-feared strike by Delphi. Alisa Roth reports.
There are 100,000 workers at GM, and another 13,000 at Delphi. What do they think of the UAW deals? Kai Ryssdal talks to two of them.
The Department of Transportation is considering imposing, for the first time, fuel efficiency standards for the biggest SUVs and vans. Mileage minimums for behemoths like the Chevy Suburban and Hummers would add to GM's financial problems. John Dimsdale reports.
The European Union has banned more than 90 airlines from landing at European airports because of safety reasons. Most of the airlines are African, and the EU says their operations don't include enough regulatory oversight to be considered safe. Patrick Hirsch reports.
Enron's former treasurer Ben Glisan testifies today in the company's accounting fraud trial. Kai talks with Houston Chronicle reporter Mary Flood, who's covering the case from the Texas courthouse.
China introduced new luxury taxes today on some high-end cars. The government also raised taxes on some everyday goods, including chopsticks. As Jocelyn Ford reports, the new taxes have more to do with the environment than with the economy.
The Bush Administration is in security talks to examine how China could become a "negative force" in the region. But commentator Robert Reich says that's the wrong approach; that if the US gives China security treaties, we risk making China feel as if we regard it as our enemy.
Power plants and factories produce thousands of tons of pollutants and carbon dioxide, but so do driving and flipping on a light switch. As Sam Eaton reports, some consumers have found a way to atone for polluting by purchasing pollution credits that take carbon dioxide out of the atmosphere.
Posted In: Economy
If you heard the program last night (3/21/06), you met the Antoons. They had decided that they didn't want to live in New Orleans any longer. When our reporter spoke to them last month, they'd put their flooded house up for sale. After the story aired yesterday, Mitchell got in touch to tell us that things have changed...