Oct 5, 2006

Marketplace PM for October 5, 2006

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Segments From this episode

Airbus taken down by its own momentum

Oct 5, 2006
EADS admitted today that it's fallen a decade behind archrival Boeing and that projects beyond the A380 might also face delays and cost cuts. Commentator John Gapper says sometimes big money can go to your head.

Lotto winner takes fortune home to Pakistan

Oct 5, 2006
In one small mountain town in northern Pakistan, last year's devastating earthquake became an initiation into political life for the town's new mayor. They call him the "American Dollar Man." Miranda Kennedy has the story.

Goodyear workers hit the pavement

Oct 5, 2006
Unionized workers at 12 Goodyear Tire plants in 10 states went on strike today after the company and the union negotiators failed to agree on a new labor contract. Janet Babin reports.

Aer Lingus rebuffs Ryanair's advances

Oct 5, 2006
Europe's largest discount carrier today offered to buy Aer Lingus for $1.9 billion. The Irish airline says it's rejecting the bid, but Ryanair isn't giving up yet. Ashley Milne-Tyte reports.

Houston's commuter experiment

Oct 5, 2006
Houston traffic ranks 5th worst in the country. So in a citywide experiment, commuters from 130 companies there volunteered to temporarily shift their work hours to see if that could help ease congestion. Hillary Wicai reports.

OPEC keeps oil markets guessing

Oct 5, 2006
Conflicting reports over whether the oil cartel would cut production had speculators speculating. The confusion sent prices back above and then back below the $60-a-barrel mark. Sam Eaton reports.

Chalk up one for corporate cost-cutting

Oct 5, 2006
Los Angeles Times publisher Jeff Johnson was fired this afternoon after standing up to the Tribune bosses in Chicago a month ago by refusing to cut staff at the paper. Host Bob Moon talks to media blogger and former Times…

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