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Marketplace: Thursday, April 8, 2004

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A look at today's markets (closing numbers)
DOW 38.12 (.36%) ; NASDAQ 2.64 (.13%) ; S&P 500 1.21 (.11%)

Newscast

  • When President Bush was taking office, Brent Scowcroft offered some words of wisdom about his old job. The National Security Adviser should be seen occasionally and heard even less, he suggested. In contrast, Condoleezza Rice, the current National Security Adviser has been seen and heard on every TV network explaining the Administration's anti-terrorism strategy prior to September 11th. Today, after much resistance from the White House, she made a long-awaited public appearance before the so-called 9-11 Commission.

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  • Features
    Music Bridge: Mirando de Lado - Kinky
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    A New Manufacturing Czar
    In our American democracy we have a curious habit of labeling those asked to crack tough problems as our "czars". We have terrorism czars and drug czars - even a manufacturing czar. The president's first choice for this job, a Nebraska businessman, withdrew his name from consideration after reports his company outsourced jobs to China. In today's global economy, it's hard to find a would-be manufacturing czar who doesn't carry some overseas baggage.
    Reporter: John Dimsdale
    Related Story: "Raimondo Withdraws"
    Does Ford Have a Better Idea?
    There's a major auto show underway in New York. But it's not the cars stealing the show, but rather the remarks of auto executives. Today, the head of General Motors complained that Japanese efforts to depress the yen give overseas automakers a $12,000 pricing edge in the luxury car segment. Also drawing attention is the issue of raising gasoline taxes. Most automakers don't like it. But the CEO of America's number two carmaker, Bill Ford, thinks he has a better idea. And it's making headlines.
    Reporter: Bob Moon
    Related Information: "Hybrid Car Fansite"
    Bidding for Seach Engines
    Trial lawyers looking for clients are bidding up the value of web-search based advertisements. We discover why a word like “Mesothelioma” may be the most valuable word on the internet.
    Q+A: Host David Brown speaks with Carl Bialik
    Related Story: "Lawyers bid up value of Web-search ads"
    Brown University is Looking for Something
    U.S. News and World Report published its annual ratings of graduate schools this week - and each year when the numbers come out so do the complaints about criteria and methodology - especially from schools slipping a few notches. But at New England's Brown University, it's not the rankings that have many on campus rankled.
    Reporter: Brian Jones
    Related Information: "Brown's Funding History"
    Music Bridge: Regret - New Order
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    Tomorrow's Talent ... Today
    The number of Americans filing first time claims for unemployment fell last week to the lowest level since just before President Bush took office. But in terms of overall unemployment, the rate for 16-to-24 year olds is the lowest since Harry Truman was in office in 1948. If you're one of those companies looking to hire - and hiring seems to be picking up - where do you turn to recruit the hotshots of tomorrow?
    Reporter: Carol Gray
    Related Information: "The Posse Foundation"
    Music Bridge: Big Cat, Fast World - Afro Celt Sound System
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    Coming up on Marketplace Friday ...
    Remaking China’s religious reputation

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