Marketplace Morning Report
Friday, July 30, 2004

The Marketplace Morning Report with Kai Ryssdal and Tess Vigeland is a series of seven 9-minute business news modules airing weekdays. This timely report delivers a global business newscast and a hard-hitting feature report. Visit the archive to browse previous stories.

Note: Each of the broadcasts contains some of the newscast items below and one of the features. Since only a few radio markets get all seven broadcasts, we've made them available below.

Broadcasts

Listen: 5:50 | 6:50 | 7:50 | 8:50 | 9:50 | 10:50 | 11:50
(times are a.m., Eastern Daylight Time)

Newscast Stories

  • From Los Angeles: There might be hope for some of the workers due to be downsized at IBM because of offshoring. Big Blue says it'll retrain some of them for other openings at the company.
  • From Washington: It's deadline day for World Trade Organization members trying to clinch a deal. Negotiators from 147 countries need to iron out some big differences to restart the talks stalled since last fall.
  • From Boston: It's all over at Boston's Fleet Center. John Kerry accepted the Democratic Party's presidential nomination. About 100,000 balloons and 1,000 pounds of confetti showered down on him and the exuberant party members. Now they're off back home, determined to help Kerry win the White House in November.
  • From Washington: In addition to being a hot political topic this election year, the growing federal budget deficit (i.e. government borrowing) affects the economy's performance along with interest rates for everything from home, credit card and student loans.
  • From Los Angeles: Apple Computer has bitten back after hearing that RealNetworks's new software allowed its music to be downloaded onto an Apple iPod.
  • From New York: There's encouraging news in a soon-to-be-published study examining the quality of new jobs growing from the current economic recovery.
  • From Berlin: Europe's largest gay and lesbian sporting event kicked off in Munich on Thursday. The three-day event is expected to attract thousands of visitors and some badly needed cash to city coffers.
  • From Tokyo: The world of Japanese banking has turned into one big wrestling match. Under pressure from the government to shape up, Japan's biggest banks are involved in a three-way takeover battle.
  • From London: America's closest military ally, Britain, is threatening to retaliate against what it sees as growing protectionism in the U.S. arms market.
  • From Washington: There could be some major changes at the New York Stock Exchange very soon. The Big Board's chief is expected to unveil a new plan that would allow large investors to trade big blocks of shares electronically.

Features

The DNC wasn't such a boom for Boston after all
The Democratic National Convention in Boston wound up last night with John Kerry accepting the party's nomination as its Presidential candidate. Time now to clear up the mounds of bunting and piles of plastic cups - and time for the city of Boston to tot up the balance sheet. Thousands of delegates and their families and press were there - but as Helen Palmer reports from WGBH, that didn't translate into a boom for most business balance sheets.

Politics on the silver screen
Folks aren't just talking politics in convention halls lately. Movie theaters are full of political entertainment. Host Tess Vigeland explores the phenomenon with Variety's Michael Speier.

Playing games and switching teams
The baseball season's not even over yet and there's already buzz about which players will be switching teams next year. Host Kai Ryssdal talks to Marketplace's Business of Sports commentator Michael Knisley about who we may see wearing new uniforms and what it could wind up costing their teams.

 

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