Marketplace Report for Wednesday, August 13, 2008

Episode Description 
Marketplace Report for Wednesday, August 13, 2008

Picking up loose change makes sense

Money might not grow on trees, but it's apparently all over the streets. Sally Herships reports on a New York family that's building a nest egg with small change they find just lying around.

Hurdles for businesses at the Olympics

The lower-than-expected turnout at the Olympics is disappointing for corporate sponsors and companies that wanted to do business in China during the Games. But they're hanging in there, Scott Tong reports.
Posted In: Auto

Fed helps, but needs to be accountable

The Fed has bailed out banks, advised them on capital assets and now is issuing regulations for the credit-card industry. But who, asks commentator Robert Reich, is minding the Fed?

More banks to join securities settlement

As many as six banks are said to have agreed to buy back securities from the failed auction-rate market as part of a settlement with federal regulators. Is a global settlement in the works? Bob Moon reports.
Posted In: Health, Mergers and Acquisitions, Retail

Huffington Post debuts Chicago version

Arianna Huffington debuts the first local franchise of her popular news Web site The Huffington Post, aka "HuffPo," on Thursday. Is this a move on the local news turf? Renita Jablonski reports.
Posted In: Internet

Offshore drilling proposal gains ground

A group of Senate moderates are in agreement about a proposal that would allow some offshore drilling. John Dimsdale has details on the compromise plan and talked with a few experts about it.
Posted In: Oil

Detroit's dilemma: big cars or small?

Detroit's doing all it can about drooping car sales, including plans for new fuel-efficient and smaller models. We ask an industry analyst what happens if consumer preferences swing back to big.

Retail report shows car sales slump

Retail sales dropped for the first time in five months, according to the monthly numbers for July. One thing Americans aren't buying much this summer is big cars. Alisa Roth reports.
Posted In: Economy, Retail

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Nights Wave
Sounds Out Burt Bacharach

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