05/01/08
Marketplace for Thursday, May 1, 2008
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Farmers fear a bust trailing the boom
The Department of Agriculture says U.S. farm profits this year are going to be well above average. But commentator and journalist Bill McConnell says farmers know better than to get too excited about any short-term windfall.
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What if rice producers stick together?
Some big rice growing countries are taking a page from the global oil markets and considering forming an organization like OPEC for Asia's rice growers. Jeff Tyler reports on whether a food cartel could actually work.
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Saudis stall in shift to women drivers
In Saudi Arabia, strict religious laws forbid women from driving. There's talk of changing that rule in the next couple of years. But in the meantime, it's keeping women out of the workforce. Kelly McEvers reports.
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Red Bull takes hard charge at imitators
A Chicago club has been ordered to pay more than $500,000 in damages after Red Bull spies spotted the club's bartenders serving a cheaper imitation to customers who had requested the super-caffeinated beverage in their drinks. Jill Barshay reports.
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Goal! Brazil scores higher credit rating
After shedding its debtor-nation status, Brazil has now received an investment-grade credit rating from Standard & Poor's. And the news is getting the kind of attention usually reserved for the national soccer team. Dan Grech reports.
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Landing hard on leverage's downside
Homeowners aren't the only ones who've gotten up to their ears in debt in the subprime loan debacle fallout. Investment banks and hedge funds have gotten into trouble by borrowing more and more to finance their investments. Amy Scott reports.
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After the draft, it's contract season
Now that last weekend's NFL draft is over the hard work starts for lawyers and agents trying to hammer out multimillion-dollar contracts for their college-age athletes. Business-of-sports analyst Diana Nyad gets into the details with Kai Ryssdal.
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Gas suppliers getting squeezed, too
Exxon Mobil reported $10.9 billion in profits last quarter, but Wall Street was disappointed. Because even though Big Oil's prospects look good at the well head, they're mostly evaporating by the time consumers pull up to the gas station. Bob Moon reports.
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