Marketplace for Wednesday, April 30, 2008
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Segments From this episode
The Federal Reserve did exactly what everyone thought it was going to do today -- cut short-term interest rates 0.25%. In the process it said some not-so-reassuring things. John Dimsdale reports.
Corporations are subject to some of the same economic stresses as the rest of us -- especially companies that sell food. Kraft and Kellogg reported lower profits today. But they did better than anybody was expecting. Alisa Roth reports.
After a little financial help from Congress, the Food and Drug Administration announced it will hire 1,300 new employees. It's a big deal for an agency that currently employs about 10,000 workers. Jeremy Hobson reports.
Spring has been coming earlier and earlier in the Rocky Mountains for the past decade. And while this year has been a bumper crop for snow, scientists and farmers are worried about a dry, long-term trend. Peter O'Dowd reports.
Like other banks hit by the credit crunch, Citigroup is selling off stock to raise money -- diluting the stock's value. Michael Holland of the Holland & Company investment firm, talks with Kai Ryssdal about the impact such moves have on investors.
With newspapers across the nation cutting staff, and local and national broadcast outlets laying people off, commentator David Frum asks whether the future of the news business might be found in a more partisan press.
"Love in the Meadows," the French version of a TV show now airing in America, is in its third season. About 100,000 single French farmers live often lonely, rural lives, but many wish the show would be put out to pasture. John Laurenson reports.