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Marketplace PM for May 15, 2007

Episode Description 

Gas and food prices keep climbing

The Energy Department says gas inventories are low and, despite high prices, demand just keeps rising. And food prices are going up as well. Pat Loeb reports.
Posted In: Economy, Retail

Harrah's considers Biloxi a good gamble

Casino giant Harrah's announced it will team up with Jimmy Buffett on a $700 million casino and resort in Biloxi, Miss. It'll be the biggest investment in the state's Gulf Coast since Hurricane Katrina. Steve Tripoli reports.
Posted In: Entertainment, Entrepreneurship, Investing

Putting stock in China

Nasdaq is reported to be talking with regulators in China about setting up shop in Beijing. And Amy Scott reports, that may be just the beginning.
Posted In: Investing, Wall Street

The deal's in the data

The financial news giant Reuters has agreed to a merger with its Canadian rival Thomson. The price tag's a bit more than <nobr>$17 billion.</nobr> Lisa Napoli reports.
Posted In: Canada, Wall Street

India's newspapers are read all over

More than 300 big papers are read by almost 160 million people in India. And with people becoming more literate, the number and size of newspapers keeps growing. Miranda Kennedy reports.
Posted In: Jobs

There's a good side to subprime lending

Subprime lenders are going bankrupt and Congress is holding hearings on predatory lending. But commentator and economist Susan Lee still thinks there's an upside to subprime.
Posted In: Housing

Hotel execs call for immigration reform

CEOs of six big hotel chains have written an open letter to Congress demanding action on immigration reform. One of them, Bill Marriott of Marriott International, spoke with Kai Ryssdal.
Posted In: Immigration, Washington

Kibbutzim drop socialism to survive

About a century after they were first formed on socialist ideals, at least half of Israel's kibbutzim are leaving collective econonomics behind. Shia Levitt reports.
Posted In: Economy