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Marketplace: Thursday, September 9, 2004

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A look at today's markets (closing numbers)
DOW 24.26 (0.24%) ; NASDAQ 19.01 (1.03%) ; S&P 500 2.11 (0.19%)

Newscast

  • A coalition of U.S. business, labor and farm groups is asking the Bush administration to investigate China's practice of pegging its currency to the dollar, which gives China a competitive advantage.
  • The largest electric utility in Texas will soon set rates based on customers' credit scores, charging them more if they've fallen behind on bills in the past.
  • Bushmaster Firearms has agreed to pay victims of the D.C. sniper $550,000 to settle claims against the gun maker. The dealer who sold the Bushmaster rifle used in the shooting spree will pay $2 million.

    Listen to all newscast items

  • Features
    TV writers - want reality
    Reality TV shows are cheaper to produce than sitcoms and serial dramas because they're supposedly unscripted and don't require writers. Except that they DO use writers - they just don't call their writers "writers." They call them something else so producers can pay them a lower, non-union wage. Hollywood unions are now saying, "Get real." Rachael Myrow reports.
    Reporter: Rachael Myrow
    Related Story: 'Sore Winners' connects reality TV culture with 'Bush World' politics
    How Much Reality Can You Take - Banco de Gaia
    Support Marketplace: Purchase this music from Public Radio MusicSource
    Hong Kong rattles China
    A record turnout is expected on Sunday for Hong Kong's legislative elections. Analysts say pro-democracy forces are likely to make huge gains, rattling pro-China lawmakers. But are Hong Kong residents ready to shoulder the heavier tax burden a more democratic government will require? Marketplace's Jocelyn Ford has the story.
    Reporter: Jocelyn Ford
    Related Story: 'Two systems' tested in Hong Kong
    Hong Kong Mambo - Tito Puente & His Orchestra
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    Will the airline survive ...
    Host David Brown talks with Howard Putnam, former CEO of Braniff Airlines and Southwest, about the latest wave of airline bankruptcies. Why have so many airlines gone belly up in recent years, and what does it portend for the future of our aviation system? Putnam helps sort it all out.
    Q + A: Host David Brown with Howard Putnam
    Related Story: Alaska Airlines says it is slashing 750 more jobs
    Jackie's Strength - Tori Amos
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    ... And an airline mechanic chimes in
    When an airline files Chapter 11, it's not just the stock that takes a plunge - so does worker morale. People are fired, wages are cut, pension plans are gutted. And in bankruptcy court, big financers have priority, not employees. United mechanic Kathleen Denny tells us what it's like to be one of the airline's creditors ... one of the creditors last in line.
    Commentator: Kathleen Denny
    Related Story: United Airlines joins new ticket fees
    Little Airplane - Blake Hazard
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    Coming up on Marketplace...
    A fantasy date ...

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