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Marketplace: Wednesday, September 15, 2005

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A look at today's markets (closing numbers)
DOW 86.80 (0.84%) ; NASDAQ 18.88 (0.99%) ; S&P 500 7.96 (0.71%)

Newscast

  • Automobiles westbound and all points north. That was the view outside New Orleans on the morning of this September 15th. Officials begged residents to leave the Gulf Coast and millions-- now have. Evacuees have taken up shelter in motels as far west as Houston. At the moment, it appears Hurricane Ivan is aimed squarely at Alabama's Mobile Bay.
  • Police cruisers and emergency vehicles prowl the mostly empty streets of towns from Pensacola to Mobile - Biloxi to Bayou Cane. These are the essential workers who say they'll stay to try protect those who for whatever reason haven't left - to prevent looting and to minimize property damage...
  • Martha Stewart today said she wants to put this nightmare behind... In a surprise news conference, the woman who built a business empire on home decorating tips declared she wants to start serving her prison time immediately...
  • It looks like overtime for the Wall Street Journal. Parent company Dow Jones announced today the Monday through Friday business paper will start a weekend version in one year.
  • You have to wonder if the days are numbered for the National Hockey League. The NHL today announced it will lock out its players, who've been fighting a salary cap. Sports writers say it's quite possible there won't be an NHL season this year.

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  • Features
    Coke loses some fizzle
    Here's one of the two big reasons the markets were moving lower most of this Wednesday. A blue chip company warned earnings for the rest of the year would not be up to expectations. Today Coca-Cola's new chairman and chief executive promised to put the fizz back into the beverage giant. But many analysts wonder whether the magic is already out of the bottle.
    Reporter: Marty Goldensohn
    Related Story: Stocks Slump on Coke's Gloomy Forecast
    Soda Pop - G. Love and Special Sauce
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    The Gap tries to dress an older crowd
    Old Navy, Banana Republic, and the Gap are separate brands with much in common. All three are owned by the same outfit. And all three are having trouble drawing in the over 35 crowd - an age group that's growing in spending power and size. Today the Gap company said it's adding a new line of as-yet unnamed stores to bridge that... divide. It may be tougher than it sounds.
    Reporter: Amy Scott
    Related Story: Gap to Launch Store for 'Boomer' Women
    Shoppers Paradise - Carter the Unstoppable Sex Machine
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    Is OPEC willing to open the valves a bit?
    The price of oil was peaking again today, rising above $45. This as members of OPEC met in Vienna to try to do something about it. At the meeting is V.J. Vaitheeswaran. He covers energy for the Economist Magazine...
    Q + A: David Brown with V.J. Vaitheeswaran
    Related Story: OPEC moves to reassure markets
    Oily Water - Blur
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    A bustling airline industry - in a land far, far away
    Now here's something we haven't heard in a while: Marketplace has learned of a surprise comeback in the airline industry. It just so happens to be in one of the most turbulent places on the planet.
    Reporter: Borzou Daragahi
    Related Story: Iraq airlines to start Amman flights
    Economy Airlines - Truant
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    Coming up on Marketplace...
    Nintendo scores a touchdown

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