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Jan 30, 2008

Marketplace Morning Report for Wednesday, January 30, 2008

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Marketplace Morning Report for Wednesday, January 30, 2008

Segments From this episode

SocGen deals with bad press

Jan 30, 2008
Societe Generale is busy dealing with rumors of buyouts from bigger banks and the rogue trader speaking to the press about the scandal. Stephen Beard talks to Scott Jagow about what the bank is up against.

Altria tries to wean off cigarettes

Jan 30, 2008
As smoking continues to decline each year in the U.S., Phillip Morris USA and parent company Altria are feeling pressure to expand their product line. Janet Babin reports what Altria is doing to be less dependent on cigarettes.

Don't leave demand out of the equation

Jan 30, 2008
A provision in the economic stimulus bill calls for a tax deduction on the cost of new machinery. But commentator Robert Reich says businesses won't invest in production equipment when there's no demand for their product.

It's the economy, Florida

Jan 30, 2008
Exit polls for the Florida primary showed many voters were influenced by a faltering economy. John Dimsdale found out who voters liked in Hollywood, Florida and what made them choose their candidates.

Bank of England to save banks in secret

Jan 30, 2008
Responding to subprime problems and the recent bank run from Northern Rock, the British government wants to allow the Bank of England to bail out failing banks in secret. Details would be public later. Stephen Beard reports.

Cadbury sweetens lives of farmers

Jan 30, 2008
Ghana's cocoa farmers are suffering from a poverty cycle, with the global price of cocoa struggling and production waning. But Cadbury wants to put money towards teaching farmers to yield more crops. Gretchen Wilson reports.

The effects of a Fed cut take time

Jan 30, 2008
Whether or not the Federal Reserve announces another interest rate cut today, the effects of a cut wouldn't be seen for awhile. Steve Henn reports we haven't even begun to see the effects of past rate actions yet.

Man-made attempts at saving wildlife

Jan 31, 2008
With warming polar regions endangering habitats for polar bears and penguins, scientists and others are experimenting with ways to protect the animals from extinction. Janet Babin reports.

The team

Stephen Ryan Producer, BBC