Marketplace for Thursday, May 1, 2008
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Segments From this episode
Exxon Mobil reported $10.9 billion in profits last quarter, but Wall Street was disappointed. Because even though Big Oil's prospects look good at the well head, they're mostly evaporating by the time consumers pull up to the gas station. Bob Moon reports.
After shedding its debtor-nation status, Brazil has now received an investment-grade credit rating from Standard & Poor's. And the news is getting the kind of attention usually reserved for the national soccer team. Dan Grech reports.
Homeowners aren't the only ones who've gotten up to their ears in debt in the subprime loan debacle fallout. Investment banks and hedge funds have gotten into trouble by borrowing more and more to finance their investments. Amy Scott reports.
A Chicago club has been ordered to pay more than $500,000 in damages after Red Bull spies spotted the club's bartenders serving a cheaper imitation to customers who had requested the super-caffeinated beverage in their drinks. Jill Barshay reports.
Now that last weekend's NFL draft is over the hard work starts for lawyers and agents trying to hammer out multimillion-dollar contracts for their college-age athletes. Business-of-sports analyst Diana Nyad gets into the details with Kai Ryssdal.
In Saudi Arabia, strict religious laws forbid women from driving. There's talk of changing that rule in the next couple of years. But in the meantime, it's keeping women out of the workforce. Kelly McEvers reports.