Marketplace PM for November 10, 2005
As scary as all this bird flu news is... when people start getting nervous, it's always good business for somebody. From Philadelphia, Julia Barton has the story.
GM announced that it, oops, misreported up to $400 million in profits a few years back. But it's not the only company reporting accounting problems this week. Amy Scott asks, "What's the deal?"
Knight-Ridder's largest shareholder said today it might nominate its own board of directors at the company. Lisa Napoli says Knight Ridder is just one of many media companies slogging through a harsh season.
The GOP hit a few major speed bumps today on the road to tax cuts and budget reductions. Seems there are enough devils in the details of this budget cutting bill to rankle just about everybody. Hillary Wicai reports.
President Bush would love it if Chinese consumers would consume MORE. If China sold more domestically, it wouldn't depend so much on exports to the US. Jocelyn Ford visited one reluctant Chinese spender to see what's up.
It was officially a day of mourning, and very little business, across Jordan today. Kai Ryssdal talked with Sharmila Devi, a correspondent for the Financial Times, about how Jordan's economy has changed over the past few years.
President Jacques Chirac has admitted that immigrants to France are not treated equally, and says the government must deal with the root causes of the unrest. Economist/commentator Edmund Phelps says Chirac's in an impossible position.