Marketplace PM for September 21, 2006
Sep 21, 2006

Marketplace PM for September 21, 2006

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Segments From this episode

Amaranth loses big

Sep 21, 2006
Connecticut-based hedge fund Amaranth Advisors this week reported losses of almost $6 billion over the past month after it placed a multi-billion dollar bet on natural gas and lost. Amy Scott reports.

HP shares stumble as spying scandal grows

Sep 21, 2006
Hewlett-Packard's stock price fell nearly 5% today as investors found out that the internal leak investigation might go all the way to the top. Host Kai Ryssdal talks to Adam Lashinsky of Fortune magazine who's been following the story.

Big business at the Ryder Cup

Sep 21, 2006
This year's Ryder Cup at the K Club in Ireland is expected to turn a profit of about $20 million. Host Kai Ryssdal speaks with Ed Derse about the business side of the golf tournament.

Wal-Mart rolling back drug prices

Sep 21, 2006
Retail giant Wal-Mart plans to begin selling almost 300 generic prescription drugs for only $4 for a month's supply — up to 70% savings on some. It will test the program in Florida. Helen Palmer reports.

Pension plan hit hard by hedge fund collapse

Sep 21, 2006
San Diego County's government pension fund lost an estimated $45 million to Amaranth's bad investments. Andrew Phelps reports.

Baby à la benefits

Sep 21, 2006
France is bucking Europe's trend of declining birthrates by providing benefits such as guaranteed parental leave and large childcare subsidies. Eleanor Beardsley has the story.

Cash incentives for the poor

Sep 21, 2006
New York Mayor Michael Bloomberg has suggested paying poor people for making good choices such as staying in school or seeing a doctor regularly. Newt Gingrich, who joins Marketplace as an occasional commentator, says it's an idea worth considering.

Branson invests in global warming fight

Sep 21, 2006
British business mogul Richard Branson today pledged $3 billion to combat global warming over the next decade: 100% of the profits from Virgin's transportation and airline sectors. But there might be motive besides saving the planet, Sam Eaton reports.