Marketplace PM for May 21, 2007

Episode Description 

Beijing puts its money on Blackstone

China's decided what it wants to do with some of its $1.2 trillion in foreign reserves: Buy into the high-powered U.S. private equity firm Blackstone. Our man in Shanghai, Scott Tong, explains the deal to Kai Ryssdal.
Posted In: Investing, Wall Street

Anybody need a business plan?

Commentator Rob Long found out that it's possible — and maybe even easier — to be an entrepreneur when you don't have a business plan.

Viral videos are spreading fast

Film maker Robert Greenwald has turned his talents toward making politically-charged videos funded by private groups and donors. It's a new phenomenon. There's money to be made. And, maybe, some campaigns to be won. Andrea Gardner reports.

Investing according to Islamic law

Britain could soon become the first western government to issue bonds that comply with Islamic, or Sharia law. And that could mean billions in extra capital flowing London's way. Stephen Beard reports.

As gas prices rise, we keep filling up

It's been 26 years since gas prices, if put in today's dollars, were as high as they are today. And yet we're using it like it still cost $1.35 a gallon. Oil-price expert Tom Kloza talks with Kai Ryssdal about what's going on.
Posted In: Economy, Retail

Con Ed plugs into Homeland Security

New York City's electric company is getting ready for a much needed upgrade. And it figured how to get the federal government to foot part of the bill. Jill Barshay reports.
Posted In: Washington

Highly-skilled immigrants still seen as a need

The new immigration bill being debated on Capitol Hill would give more weight to aspiring immigrants' education and skills. But many in the business world say it still won't deliver the workers they need. Steve Henn reports.
Posted In: Immigration, Mexico