Marketplace PM for August 15, 2006

Episode Description 

Good day on Wall Street

Stocks soared following today's report from the Labor Department which showed prices at the wholesale level fell .3% — the biggest drop since October. Host Kai Ryssdal checks in with economist Diane Swonk.
Posted In: Economy, Wall Street

Ford to close dealerships

Ford plans to trim the number of dealerships it has in an effort to improve dealer profitability. The nation's No. 2 automaker blames falling car and truck sales for the decision. Sam Eaton reports.

News or commercial?

The FCC wants to make sure consumers know the difference. It's investigating the use of "video news releases" in TV news broadcasts. Violators could face steep fines and have their licenses revoked. Scott Tong reports.
Posted In: Washington

Time to break up Wal-Mart

Wal-Mart today posted its first profit drop in 10 years, but it still accounts for 20 percent of all retail sales in America. Commentator Barry Lynn says that's why it should be broken up into smaller pieces.

British airlines want reimbursement

Airlines in Britain were forced to cancel over 1,100 flights last week due to stepped-up security after the foiled bomb plot. Now British Airways, Virgin and others want the airport operator to pick up the tab. Stephen Beard reports.
Posted In: Canada

Is your laptop safe?

Dell is recalling 4.1 million Sony batteries used in its notebook computers. Lithium-ion batteries power most of our gadgets these days — and they're all susceptible to overheating. Janet Babin reports.
Posted In: Science

Tensions escalate in Mexico protests

As the partial election recount continues in Mexico, protesters have widened their blockades to key financial institutions in the country's capital. Franc Contreras reports from Mexico City.
Posted In: Canada

Private equity spending spree

Private equity firms have been snapping up different publicly-traded companies recently. Host Kai Ryssdal speaks to Fortune magazine writer Adam Lashinsky about this buyout trend.
Posted In: Economy, Investing

Gear up for rocky roads

Soaring oil prices have made summer road trips more expensive — even driving up the cost of the road itself. High asphalt prices have some towns cutting back on road construction. Joel Rose reports.

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