Drugmaker Merck is blaming the rise of generic sales for its 28 percent profit loss this morning. To balance out the blow, the company wants to cut 12 percent of its work force. Jennifer Collins reports.
From the Marketplace mailbox, Kai Ryssdal pulls out some of the letters sent in by listeners. In the selection: comments on calculating the poverty line, food fraud, the financial crisis and the dropping price of oil.
With the U.S. health system becoming more complicated, people are looking for help in dealing with the details. Now, companies will shoulder that burden for you -- for a price, of course. Caitlan Carroll reports.
Every Chinese product safety scandal has occurred on the watch of Li Changjiang, the top quality supervisor in the country. But is the Chinese government making him a scapegoat? Scott Tong reports from Shanghai.
In China, three babies have died and more than 6,000 have suffered kidney damage from tainted infant formula. With Chinese factories feeling the pressure of the global economic slowdown, it could be a sign of things to come. Scott Tong reports.