Airbus warned that it's likely to sell only half as many planes this year as it did in 2007. Scott Jagow talks to European correspondent Stephen Beard about how the value of the euro is affecting Airbus' bottom line.
Some critics of consumer society say we'd be happier if we pared down our consumption. But commentator Will Wilkinson says everyone has different frames of reference for what they define as want versus what they feel they need.
A 101-carat diamond could fetch millions of dollars in a spring auction in Hong Kong. Sally Herships reports Asia's love of luxury and increased wealth has raised the demand for gemstones.
National law in China says kids under 18 aren't supposed to be in Internet cafes and that online games breed juvenile crime. Bill Marcus reports the government crackdown could hurt the cafes' business.
A report out says the nation's wealthiest children still have a 23 percent chance of staying on top, even if they don't go to college. Nancy Marshall Genzer reports reasons include built-in advantages and learned behavior.
Last year's toy safety recalls didn't take into account dollar-store importers, and the discount retailers are now at risk of carrying contaminated toys. Michael May reports consumers should be wary.
Pledging $100 million to Darfur peace efforts, President Bush noted human suffering should preempt commercial interests. Gretchen Wilson reports what China is saying and that the country is calling on the West to do more.
A subsidiary of major private equity group Kohlberg Kravis Roberts has delayed repaying billions of dollars in debt, leading to a turbulent ride in the stock market overseas. Stephen Beard reports.
With the stimulus rebate checks on their way, many are considering how they will use the money. But almost half the people polled said they wouldn't be spending it. Alisa Roth hit the streets of New York for answers.
Marketplace Morning Report for Wednesday, February 20, 2008
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