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Marketplace for Friday, March 7, 2008
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Segments From this episode
Employers cut more than 63,000 jobs in February -- the largest number in five years, according to the Labor Department. How long might job losses continue? As long as it takes to settle up with years of overextended growth. Alisa Roth reports
With the battle for delegates in the Democratic presidential race extremely close, some in the party are hoping to redo the Michigan and Florida primaries that were disallowed. But at a cost of about $10 million apiece, who would pay for them? Jeremy Hobson reports.
Many homeless patients in Los Angeles hospitals aren't discharged in a timely manner because they have nowhere to go to recuperate. Jeff Tyler reports a new program is trying to address the problem.
The United States produces less than 2% of the world's rice, so the grain isn't a big part of our commodities trading. But with a recent hike in prices, the rice market is starting to swell. Adriene Hill reports.
Stockbroker and business analyst David Johnson chats with host Tess Vigeland about what happened on Wall Street this week and what may lie ahead.
Chief executives from three top mortgage lenders hit by the subprime mortgage crisis went before a congressional panel to answer lawmakers' questions on how they were able to earn hundreds of millions of dollars while their companies were bleeding money. John Dimsdale reports.
Commentator and management expert Joseph Bower says when it comes to hiring a new CEO, candidates within the corporation are usually better at the job than outsiders.
Many Filipinos have taken to the streets to protest President Gloria Arroyo's policies with China. They are alleging corruption in Chinese-funded infrastructure projects, including one for a large-scale rail line. Scott Tong reports.