10/11/07
Marketplace for Thursday, October 11, 2007
Episode Description:
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New languages for an expanding Web
Right now, Web addresses are limited to Roman letters -- not much help to the billions who use different alphabets. But beginning Monday, 11 new languages will take Web surfers to new, non-Roman destinations, and may cause new legal headaches.
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Come travel through time to ARM future
Over the next year or so millions of adjustable rate mortgages will recalibrate to higher interest rates. We asked Steve Tripoli to climb into the Marketplace time machine with the dials set for, say, next August and give us tomorrow's news today.
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Kiddie cold meds pulled off shelves
Studies have found over-the-counter cold medicines can have serious side effects, and there's no proof they work in young children. Big Pharma companies are pulling them off the shelves ahead of an FDA hearing.
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Fox takes aim at "anti-biz" CNBC
Fox News positioned itself as the cable news antidote to the "liberal" CNN. Now it's trying to work that same magic against CNBC with a new business news channel. Media critic Tim Rutten talks about Roger Ailes' next big move.
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Death-defying dives for lobster
Oct 11, 2007
Our appetite for lobster is voracious -- the U.S. imports almost 120 million pounds every year. For our Working series, Claudine LoMonaco profiles divers in Honduras who risk death to feed that demand.
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Bigger houses mean deeper debt
Oct 11, 2007
Commentator Karrie Jacobs says that when it comes to the crisis in the U.S. mortgage industry, the changing tastes of modern homeowners may be part of the problem.
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