Marketplace for Wednesday, June 18, 2008
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Segments From this episode
DreamWorks may join forces with India's Reliance ADA Group. The merger would mean about $500 million in equity for Steven Spielberg's studio. Stacey Vanek-Smith reports.
Morgan Stanley is the latest investment bank to report big earnings losses. Host Bob Moon asks Standard & Poor's Chief Economist David Wyss what its news means for the economy.
People used to live in fear of organized crime in Sicily, but a new government crackdown on Mafia-run businesses has co-ops reaping the benefits. Megan Williams reports from Italy.
President Bush says the Senate should repeal the moratorium on offshore oil drilling to help bring down gas prices. Senate Democrats call the move a campaign ploy and not a long-term solution. John Dimsdale reports.
Rare metals are the latest tool being used to increase airplanes' fuel economy. Host Bob Moon talks with Financial Times reporter Javier Blas about how demand for these rare commodities has pushed prices sky high.