Marketplace Morning Report
Wednesday, October 6, 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 Miami: As violence in the Middle East sends oil prices to record highs, the calming of tensions in another country is bringing oil giants back. Colombia, the tenth largest oil exporter to the U.S., has seen a resurgence in new wells.
  • From Washington: The bad news is, the average telemarketing fraud victim is ripped off to the tune of about $2,000. The good news? The Justice Department has just announced the arrests of 135 such scammers, who've pocketed more than a billion dollars from some five million people.
  • From Los Angeles: Toy Wishes magazine yesterday released its list of the "hot dozen" toys for the coming holiday season.
  • From New York: Major League Baseball has hit a home run... After a year of record breaking attendance and solid TV viewer-ship, the game is hoping to hit a financial grand slam in the run up to this year's world series.
  • From Tokyo: As the U.S. restructures its military forces around the world, Asian ally Japan is also rethinking its defense policy.
  • From New York: An accounting change by the Federal Communications Commission could cost schools and libraries a billion dollars earmarked for hi-tech improvements.
  • From Los Angeles: A new survey from the Kaiser Commission on Medicaid and the Uninsured found that Medicaid---the health insurance program used by 52 million poor and disabled Americans---is putting the squeeze on state budgets.
  • From London: The pharmaceutical industry could be facing a less profitable future. According to a report published today, the flow of new blockbuster drugs is beginning to dry up.

Features

Airline games
US Airways hopes to get a new round of cost-cutting measures okayed by a bankruptcy judge this week. Ashley Milne-Tyte examines the airline's prospects if they're approved. Then, what happens if you're stuck with a ticket on an airline that's gone out of business? As Marketplace's travel expert Rudy Maxa tells us if it happens this holiday season, you could be out of luck.

Outsourcing and safety isues
There'll be two big happenings in the political world Friday. One is the presidential debate that night. The other comes Friday morning...when we'll get the September unemployment report. It will be the last look at the labor market before the election. U.S. companies have been sending lots of jobs overseas lately. But how do they decide whether going abroad is safe? Marketplace's Scott Jagow explains...they get a lot of help.

 

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