Marketplace PM for October 9, 2006

Episode Description 
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New inflation thinking captures Nobel Prize

Columbia University professor Edmund Phelps won the Nobel Prize for Economics this morning for his study of inflation and how it relates to unemployment. Scott Tong has the story.
Posted In: Science
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Fighting for customers in Lebanon

Small businesses dominate Lebanon's economy. Cutthroat competition was already the rule, but after war devastated the country's peak tourism season, the struggle to survive has become desperate. Ben Gilbert reports.
Posted In: Canada
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A different way of doing business

Host Kai Ryssdal visits Sun Microsystems founder Scott McNealy in the latest Conversation from the Corner Office. McNealy talks about how his company has been able to compete with Microsoft and IBM on a much smaller budget.
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Can North Korea be dissuaded?

Host Kai Ryssdal speaks with Mike Chinoy of the Pacific Council for International Policy about the economic implications of North Korea's nuclear testing claims — and whether economic sanctions might work.
Posted In: Canada
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Sold! Google buys YouTube

Google bought video sharing site YouTube for $1.65 billion today. Critics of the deal say it could cost them that much in copyright lawsuits, but other deals today make that less likely. Janet Babin explains.
Posted In: Science
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Dolans want Cablevision off the market

The family that controls Cablevision is trying to take the company private again. Their last attempt failed, but this time the Dolans are back with a higher offer and a simpler plan. Amy Scott reports.
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Retiring 'An Army of One'

The Army's announcing a new slogan today: "Army Strong." It's part of a $200 million advertising campaign to convince young Americans to sign up with Uncle Sam. Hillary Wicai reports.
Posted In: Washington

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