Marketplace Morning Report
Wednesday, August 18, 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 Berlin: A German company wants to let tourists pay for a night in what used to be a notorious prison for political dissidents in eastern Germany. But former inmates are accusing the company of turning a profit on their painful memories.
  • From Athens: For more than a century, Kodak has been a sponsor of the Olympic Games. But in Athens, film has become outdated as more and more media outlets turn to digital photography.
  • From Los Angeles: You might not want to get too attached to your California vintage of choice. A new study says says that industry could soon be drying up.... literally.
  • From Washington: The Securities and Exchange Commission is expected to approve some new rules for mutual funds. It's part of a continuing attempt to clean up the industry after last year's revelations of widespread abuse.
  • From Los Angeles: With much of Florida still picking up the pieces from Hurricane Charley's strike, the state isn't wasting any time ensuring the recovery of its top industry: tourism.
  • From London: A British labor union is mounting a legal challenge to the outsourcing of call center jobs to India.
  • From New York: Ten bucks for a bag of ice. $23,000 to have a couple of trees removed? In the wake of hurricane Charley, Florida's attorney general says he's received 1400 complaints of overcharging.

Features

Why the rich always benefit...
The latest Congressional Budget Office figures support critics' claims that President Bush's tax cuts have heavily favored the rich. In this edition of The Public's Business, Marketplace commentator Robert Reich says the cuts not only shifted money to wealthy Americans, they also reflect a shift in the way the country pays its bills.

International tort - a booming business
Europeans seeking damages and American tort lawyers looking for big commissions are creating a trans-atlantic legal trade. In countries like Austria and Germany punitive damages and class action suits are usually not permitted, so some Europeans with personal injury claims are seeking redress on the other side of the pond. Kerry Skyring reports from Vienna.

 

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