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Daily business news and economic stories from Marketplace

Marketplace PM for May 8, 2006

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Big brother or security tool?

by Sarah Gardner May 8, 2006
Many large corporations run background checks on potential hires, but now some employers are going even further. They're keeping regular tabs on their employees — long after they're hired. Sarah Gardner reports.

Wachovia heads west, stock heads south

by Amy Scott May 8, 2006
Wachovia made a $25 billion offer for California's Golden West Financial today. But the deal gets the banking giant deeper into the mortgage business and investors are questioning the timing as the housing boom slows. Amy Scott reports.

High-end computer maker hits bottom

by Jeff Tyler May 8, 2006
Silicon Graphics filed for Chapter 11 bankruptcy today. Its super-fast computers were once used to make special effects for blockbuster movies, but the increasing power of cheaper computers has put a crimp on sales. Jeff Tyler explains.

No more Disney in your Happy Meal

by Marketplace Staff May 8, 2006
We learned today that Disney will drop its decade-long promotional partnership with McDonald's. But McDonald's says the break-up has nothing to do with childhood obesity. From New York, Bob Moon has the story.

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