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May 15, 2007

Marketplace PM for May 15, 2007

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Segments From this episode

Gas and food prices keep climbing

May 15, 2007
The Energy Department says gas inventories are low and, despite high prices, demand just keeps rising. And food prices are going up as well. Pat Loeb reports.

The deal's in the data

May 15, 2007
The financial news giant Reuters has agreed to a merger with its Canadian rival Thomson. The price tag's a bit more than <nobr>$17 billion.</nobr> Lisa Napoli reports.

Putting stock in China

May 15, 2007
Nasdaq is reported to be talking with regulators in China about setting up shop in Beijing. And Amy Scott reports, that may be just the beginning.

India's newspapers are read all over

May 15, 2007
More than 300 big papers are read by almost 160 million people in India. And with people becoming more literate, the number and size of newspapers keeps growing. Miranda Kennedy reports.

There's a good side to subprime lending

May 15, 2007
Subprime lenders are going bankrupt and Congress is holding hearings on predatory lending. But commentator and economist Susan Lee still thinks there's an upside to subprime.

Hotel execs call for immigration reform

May 15, 2007
CEOs of six big hotel chains have written an open letter to Congress demanding action on immigration reform. One of them, Bill Marriott of Marriott International, spoke with Kai Ryssdal.

Kibbutzim drop socialism to survive

May 15, 2007
About a century after they were first formed on socialist ideals, at least half of Israel's kibbutzim are leaving collective econonomics behind. Shia Levitt reports.

Harrah's considers Biloxi a good gamble

May 15, 2007
Casino giant Harrah's announced it will team up with Jimmy Buffett on a $700 million casino and resort in Biloxi, Miss. It'll be the biggest investment in the state's Gulf Coast since Hurricane Katrina. Steve Tripoli reports.