09/20/07
Marketplace for Thursday, September 20, 2007
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Powerhouses stumble on level field
Prestigious college football programs at Notre Dame, Michigan and UCLA have gotten off to rough starts this season with surprising losses to seemingly lesser schools. Our analyst Ed Derse says the business side of the sport might be adding a little parity to the game.
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Children's med plan has healthy support
President Bush called on Congress to extend the State Children's Health Insurance Program -- but with far less money than Congress wants to spend. John Dimsdale reports a big expansion in the program has significant support from the business community.
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Opposition grows to 'pharma-crops'
The USDA has unveiled a new voluntary compliance program for companies that want to grow and test genetically modified crops for medicine. None have come to market yet, but the prospect is sowing seeds for a battle between two very powerful industries. Sarah Gardner reports.
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Mexican cartels are a big U.S. business
Mexican drug cartels operating in the U.S. bring in $23 billion a year, according to a government report due out tomorrow. That would rank them 97th on the Fortune 500 list. Dan Grech reports.
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Nasdaq in deal with Dubai exchange
Nasdaq and the Dubai stock exchange have come to terms on an intricate deal to buy the Nordic OMX Exchange group. Marketplace's Stephen Beard discusses the details with Kai Ryssdal.
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A change of course and tone
Treasury Secretary Henry Paulson let it be known today that the White House has decided to consider letting Fannie Mae and Freddie Mac buy up jumbo loans, something it's been opposed to. And Fed Chairman Ben Bernanke added it better happen soon. Steve Tripoli reports.
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