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Marketplace: Friday, August 27, 2004

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A look at today's markets (closing numbers)
DOW 21.60 (0.21%) ; NASDAQ 9.17 (0.49%) ; S&P 500 2.68 (0.24%)

Newscast

  • Alan Greenspan warned baby-boomers today that further cuts in Social Security and other programs might be necessary to keep the government in the black.
  • A group of California pharmacies are suing the major drug-makers. They're claiming that the drug-makers high prices are hurting pharmacies' business.
  • We preview Hewlett Packard's launch of the iPod. Will the PC distributor hurt the image or devalue the beloved Mac product -- and what about HP itself?

    Listen to all newscast items

  • Features
    Pheromone Shirt
    Supposedly, these are chemicals that help make you more attractive to the opposite sex -- it's certainly true in nature, where pheromones sometimes dictate which animals do and don't get nookie. If you're wondering if any humans buy this stuff, though, try this on for size: A fashion company in Italy now markets a line of pheromone-infused clothing. One shirt: $200. In the interest of science, we had to investigate.
    Reporter: Megan Williams
    Web Resource: "Those Fabulous Pheromones"
    Music Bridge: I See You Baby - Groove Armada
    Support Marketplace: Purchase this music from Public Radio MusicSource
    The week that was on Wall Street
    Time to check the week on Wall Street with stockbroker and business analyst David Johnson in Dallas.
    Q + A: David Brown with David Johnson
    The 'Right' Reason to Protest: GOP Slide
    Many armchair observers might be inclined to think all the protests come from the left of American politics. That would be a mistake -- the right has a right to be upset, too. Some say their party has been co-opted, by moderates diluting the party's conservative position.
    Commentator: Bruce Bartlett
    Related Story: "The Case Against Bush" by Ron Reagan
    Music Bridge: Exit to Slide - Meep
    Harlem Hotels
    Grand-old-partygoers will be shown the sites of New York by volunteer guides, who lead them on a ferry to the Statue of Liberty, a visit to the galleries at the Met... mostly the stuff of tourist pamphlets. Sticking to that map, however, visitors might miss out on a place some are betting to become the city's next big tourist magnet. Two major hotels -- Marriott and the chic W chain -- have big plans to move into Harlem. The next challenge will be to convince visitors to travel uptown.
    Reporter: Ashley Milne-Tyte
    Web Resource: Hotels in Harlem
    Music Bridge: Harlem Nocturne - Spike Jones' New Band
    Coming up on Marketplace...
    One of the world's wealthiest men, Warren Buffett, has a birthday next week. His son is being groomed as a possible successor -- but can anyone take over the reigns of Berkshire Hathaway?

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