Marketplace for Wednesday, Dec. 12, 2007
A new web ad by Freddie Mac says 25% of homeowners facing foreclosure go to the Internet first when they look for help. Which is, of course, where they get into trouble. Check out the video here.
Posted In: Charity, Investing
Foundations control about $550 billion worth of charitable assets in the United States. In the next installment of our philanthropy series, we look at how many foundations have taken a page from the for-profit handbook. Ashley Milne-Tyte reports.
Posted In: New York, Wall Street
Dow Jones shareholders, mainly the Bancroft family, are expected to formally approve the takeover by Rupert Murdoch's News Corp tomorrow. They'll get $5 billion in exchange for giving up the Wall Street Journal. Stacey Vanek-Smith reports on what's in store for the companies and the paper.
Posted In: Canada
Reserves of heavy oil are estimated to be in the trillions of barrels. But extracting it is a huge and expensive problem. Now, in a study published in the journal Nature, researchers say they might have discovered a cheaper way. Janet Babin reports.
Posted In: Economy, Housing, Wall Street
After hearing howls of complaint that it didn't cut interest rates enough, the Federal Reserve announced a plan today to get liquidity liquid again. Marketplace's New York bureau chief Jill Barshay explains, with Kai Ryssdal.