09/28/06
Marketplace PM for September 28, 2006
Episode Description:
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Losing money on oil in Iraq
Iraq's oil industry has lost $16 billion over the past two years to insurgent attacks, crime and sub-par equipment. On top of that, Iraq is paying billions more for refined petroleum imports. Ashley Milne-Tyte reports.
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Mobile ESPN doesn't make the cut
After less than a year, ESPN is closing down its cell phone operation aimed at sports fans. Now it'll try to make deals with other wireless operators to offer multimedia content. Lisa Napoli reports.
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Weighing GDP dark matter
The government is considering new ways to calculate the Gross Domestic Product in order to include intangible assets such as research and development. Hillary Wicai explains.
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Auto alliance unlikely . . . for now
Host Kai Ryssdal checks in with Wall Street Journal Detroit bureau chief Joseph White for the latest on a possible alliance between GM, Nissan and Renault.
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Gateway to the Middle East?
Dearborn, Mich., is home to some 30,000 Arab Americans. Many of them run their own businesses and that has transformed areas of the Detroit suburb once considered lifeless. Nancy Farghalli has the story.
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HP drama unfolds on Capitol Hill
Hewlett-Packard execs reported to Washington today for a Congressional hearing into the company's pretexting scandal. We take a look at the day's events and the legality — or illegality — of the practice that's caused the stir.
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Boardroom leaks are HP's original sin
Commentator and business forecaster Knight Kiplinger is concerned that too little attention is focused on the original sin at the heart of the HP scandal: board members blabbing to the press.
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