Marketplace: Friday, September 17, 2004

Listen (entire show) | how to listen | sign up for newsletter | order transcript

A look at today's markets (closing numbers)
DOW 39.97 (0.39%) ; NASDAQ 6.01 (0.32%) ; S&P 500 5.05 (0.45%)

Newscast One event - or two. That'll be the question for a jury next month considering whether insurance companies for the World Trade Center are responsible for paying out claims for each tower. On this Friday, September 17th, a similar issue is now cropping up in Florida where Hurricanes Charley and Frances both wiped out parts of the state's midsection. Insurance companies say that's two separate events and want to charge homeowners a double deductible on the damage. Today a Japanese government board ordered Citigroup to cease its private banking operations there. The world's largest financial company has been in a sumo match with Japanese regulators all week -- first blamed for misleading bond clients, and then told it hasn't done enough to prevent money laundering. A quick update to our story yesterday on the closing of a Jaguar factory in England - due to poor sales. Today, Jaguar's parent company - Ford - announced Jaguar will pull out of Formula One racing. Three of the circuit's ten racing teams will be affected. Ford provides the engines for two teams and Jaguar sponsors a third. Executives from both companies said they could no longer justify the expense. Listen to all newscast items

Features But do the ads have ratings like the movie? Along the beaches here in Southern California, even the garbage cans and volleyball nets come with advertising. Not much of a surprise that any available surface these days would bear commercial messages. Getting the word out about a new product is more complicated than ever in an age when so many media compete for our attention. That's why Marketplace's Lisa Napoli wasn't shocked to learn that the fastest-growing advertising medium is one you watch with a tub of popcorn in your lap. Reporter: Lisa Napoli Related Story: Video-gaming debuts at Rex Allen Theater Like Dylan in the Movies - Belle & Sebastian Support Marketplace: Purchase this music from Public Radio MusicSource The day the music died Symphony orchestras usually conduct contract negotiations with their musicians unions... pianissimo... quietly. Not this year. Contracts are up at four of America's elite orchestras. They expire Monday morning at 12:01 AM. And as Joel Rose of WHYY reports, the talks are anything but harmonious. Reporter: Joel Rose Related Story: Four Major Orchestras Facing Contract Issues Bittersweet Symphony - The Verve Support Marketplace: Purchase this music from Public Radio MusicSource The week that was ... on Wall Street Host Tess Vigeland recaps the week on Wall Street with Dallas stockbroker and business analyst David Johnson. Q + A: Tess Vigeland with David Johnson Related Story: Oil Surges on Storm, Supply Concerns Indonesia prepares for the polls Indonesia, a country troubled by terrorism and allegations of government corruption, will hold its presidential election on Monday. From Jakarta, Kelly McEvers reports on how the country's economic instability will play into the election. Reporter: Kelly McEvers Related Story: Indonesia race narrowing, poll shows Election Day - Lyle Lovett Support Marketplace: Purchase this music from Public Radio MusicSource "Get your assault rifles while they're hot!" Earlier this week Congress and the White House allowed a decade-old ban on 19 types of semi-automatic weapons to expire. The law made a variety of gun features illegal, including high-capacity magazines, bayonet mounts, and grenade launchers. Now, some gun manufacturers are gearing up to sell military-style weapons again. One gun control advocate suggested to the Los Angeles Times that the new industry mantra might be "buy your wife a high-capacity magazine for Christmas while you can." But commentator and humorist Tim Bedore warns she'd better not try to use it on a hunting trip. Commentator: Tim Bedore Web Resource: Tim's Bedore's Website! Machine Gun - Jimi Hendrix Support Marketplace: Purchase this music from Public Radio MusicSource

Coming up on Marketplace... Attention shoppers ...