Marketplace for Friday, May 2, 2008
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Segments From this episode
The Federal Reserve has joined with the European Central Bank to pump billions more dollars into the banking system, trying to persuade financial institutions there's money to be had. Bob Moon explains.
Linens 'n Things is filing for Chapter 11 bankruptcy. The troubled home store blames the fall-out of the housing market for its decline. But analysts say the company was too highly leveraged. Jill Barshay reports.
A federal appeals court has told Tyson Foods, the country's biggest chicken producer, to stop an advertising campaign that claims its birds are free of antibiotics -- because they're not. Lisa Napoli reports.
With about three months to go before the China Olympics, Beijing is being picky about who it's letting in. Chinese visas are getting harder to come by, and foreign businessmen are crying foul. Scott Tong reports.
Facing a provincial vote this weekend, Bolivian President Evo Morales has announced he plans to nationalize the nation's biggest telecommunications company and four foreign-owned natural gas companies. Dan Grech reports.
Pharmaceutical companies face expiring patents on many blockbuster drugs, with few new medicines in the pipeline to replace them. So the industry's trying creative ways to make money. Some say too creative. Nancy Marshall Genzer reports.