Apr 7, 2008
Marketplace for Monday, April 7, 2008
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Troubled mortgage lender Washington Mutual is close to nailing down $5 billion from a private equity firm. And, Switzerland's Novartis is spending $39 billion for a majority stake in the U.S. eye-care company Alcon. Jill Barshay reports.
Microsoft is giving Yahoo's management three weeks to accept its takeover bid before it goes straight to shareholders. But Yahoo's CEO says Microsoft just needs to make a better offer. Sam Eaton reports.
Job prospects for ex-cons are pretty dim, especially when the Internet makes it easy to dig up a person's past. But in Kansas City, Mo., some business owners are willing to give an ex-offender a second chance. Sylvia Maria Gross reports.
A growing movement is calling for a national service program that would require younger Americans to spend a year in the military or community service. But so far, says commentator and potential national service draftee Ben Casnocha, proponents are sending mixed messages.
Whoever is declared the winner of Zimbabwe's presidential election will have his hands full dealing with the nation's shattered economy. Kai Ryssdal talks with economist Tony Hawkins in Harare, Zimbabwe, about the job ahead.
Protests around the Olympic torch have focused the world's attention on Tibet, but discontent is rippling through other parts of China, too. In Xinjiang province, Muslim Uighurs are also asking for religious freedom and economic opportunity. Scott Tong reports.