Marketplace AM for August 21, 2007

Segments From This Episode

• Another mortgage business goes down

  by Scott Jagow

  Layoffs at Countrywide made headlines yesterday, even as the company took out full-page newspaper ads to say everything's going to be OK. Meanwhile, Capitol One decided to quit the wholesale mortgage business. We asked Ben Steverman for a reality check.

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• Washington cash flow shifts left

  by Steve Henn

  For the first time in 18 years, Democratic candidates are out-fundraising their GOP counterparts. That means people with a lot of money are betting the Dems will hold onto power, Steve Henn reports.

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• Will Tribune deal miss the porch?

  by Lisa Napoli

  This morning the Tribune Company board is supposed to approve an $8 billion deal to take the company private, but between the recent market volatility and a wilting newspaper industry, its original aim might be way off. Lisa Napoli explains.

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• Even homework gets outsourced

  by Marketplace Staff

  Globalization has reached grade school. Thanks to the Internet and a little entrepreneurial spirit, some students are getting help with their studies from tutors on the other side of the world. Francesca Segre reports.

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• Wal-Mart music can now be replicated

  by Ashley Milne-Tyte

  Wal-Mart plans to start selling music downloads without copy protection at a cheaper rate per song than iTunes. But some say the move won't necessarily bump up online sales. Ashley Milne-Tyte reports.

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• Time to pony up for road repair

  by Jeremy Hobson

  It's going to cost some $250 million to repair the collapsed highway bridge in Minnesota and there are already calls for more federal funds to fix other bridges around the country. So where's Congress going to get all that cash? Jeremy Hobson reports.

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• Return of the DVD wars

  by Jill Barshay

  Don't buy that new DVD player yet. Just when you thought Sony had won the hi-def home movie war and established Blu-ray as the dominant format, two major movie studios yesterday helped HD-DVD strike back. Jill Barshay has more.

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