Marketplace for Wednesday, July 2, 2008
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With billions more in writedowns expected from Merrill Lynch and other financial firms, analysts are beginning to agree we may have a long way to go before we're clear of the shadow of the credit crisis. Ashley Milne-Tyte reports.
Apparently, Microsoft's not used to rejection. Despite being rebuffed, the computer giant is still looking for a way to get a piece of Yahoo's search market. Stacey Vanek-Smith reports.
The mega-retailer is set to become the nation's largest buyer of locally grown produce with a promise to purchase $400 million worth of crops from local farmers. Sam Eaton reports.
People aren't the only ones hurt by the weak economy. As finances get tighter, animal shelters are filling up with the pets that owners can't afford to take care. Jeremy Hobson reports.