Marketplace AM for July 5, 2007

Segments From This Episode

• Washington at odds over VA funding

  by Steve Henn

  Hundreds of thousands of disabled Veterans are waiting months, sometimes years, to receive disability benefits from the Veterans Administration. Congress is trying to add to the VA's budget, but not everyone is happy with the price tag. Steve Henn reports.

  Share

• Old citizenship rates going, going…

  by Dan Grech

  There's been a surge in citizenship applications across the country in the past six months. Patriotic fervor? More likely, immigrants are hoping to avoid the 69 percent increase in the application fee. Dan Grech reports.

  Share

• Hello? Social networking’s on the phone

  by Marketplace Staff

  Ccube is putting a new twist on social networking websites like MySpace. It's bringing the concept of connecting strangers with similar interests direct to your phone, with so many bells and whistles it made Cash Peters' head spin.

  Share

• Too much wine in Europe

  by Jill Barshay

  That's right, so much wine that European taxpayers are pouring close to a billion dollars a year into getting rid of all the excess grapes. So yesterday the E.U. proposed an overhaul of the wine sector. Jill Barshay has details.

  Share

• China with a capital C

  by Scott Jagow

  A new Price Waterhouse Coopers report predicts the Chinese stock market will lead the world in IPOs this year, but Shanghai dropped 5 percent today. Financial Times' Robin Kwong says government worries about an economic bubble have investors worried too.

  Share

• Sony seeking songwriters

  by Marketplace Staff

  Recording giant Sony BMG is trying to renegotiate a contract with Michael Jackson to allow the company to get into the publishing side of the music industry. Times of London's Dan Sabbagh says it all depends how big a check they're ready to write.

  Share

• Roswell cashing in on UFO business

  by Janet Babin

  For better or worse, the legendary UFO incident of 1947 forever changed the town of Roswell, New Mexico, but somewhere along the line its residents learned to embrace the folklore. And cash in on it. Janet Babin explains.

  Share

• More and more jobs land in India

  by Stacey Vanek Smith

  

  India's tech and services sectors are growing by leaps and bounds. This year, revenues in the tech sector alone are expected to reach $50 billion. And a lot of that dough is coming from American companies, Stacey Vanek-Smith reports.

  Share