Marketplace for Wednesday, April 16, 2008

Segments From This Episode

• Dow’s happy bank losses aren’t worse

  by Bob Moon

  After JPMorgan and Wells Fargo announced big drops in 1st-quarter profits today their shares promptly shot up and the Dow jumped for joy. Why? The numbers actually met or exceeded expectations. Bob Moon reports.

  ShareDownload

• The new kings of Wall Street

  by Jill Barshay

  A new survey of hedge-fund managers shows the top five made more than $1 billion a year each — even as the housing and credit markets fell down the rabbit hole. Jill Barshay reports.

  ShareDownload

• Report: Merck writers did Vioxx papers

  by Stacey Vanek Smith

  

  An article in the Journal of the American Medical Association claims some of Merck's academic reports on the arthritis drug Vioxx were written by company employees, and doctors were paid to put their names on the research. Stacey Vanek-Smith reports.

  ShareDownload

• Hoarding threatens global food market

  by Tess Vigeland

  

  Worries of a world food shortage led more countries this week to suspend grain exports. What will happen if nations keep hoarding supplies? Host Tess Vigeland asks Javier Blas, who covers the commodities market for the Financial Times.

  ShareDownload

• Tough time to be an American in Paris

  by Eleanor Beardsley

  The dollar has hit another low against the euro. For Yanks living abroad the dollar's freefall demands a whole new mindset, as Eleanor Beardsley reports from Paris.

  ShareDownload

• Bush sets date for greenhouse-gas cap

  by John Dimsdale

  President Bush is calling for government limits to stop the growth of carbon dioxide emissions by 2025. While he has resisted curbs on the burning of fossil fuels, Bush is now jumping on board a trend that has lots of momentum. John Dimsdale reports.

  ShareDownload

• It’s time to study the value of college

  by Marketplace Staff

  College education costs continue to soar at the same time studies show college graduates getting paid less. Commentator David Frum says Americans should re-examine the real value of a college degree in today's economy.

  ShareDownload

• Is China free from U.S. economic woes?

  by Scott Tong

  China reported today its economy grew 10.6% in the 1st quarter, which may seem red hot, but it was 11.9% last year. So is China catching America's subprime cold? Or is it immune? The answer has big implications for the global economy. Scott Tong reports.

  ShareDownload