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Marketplace: Monday, October 11, 2004
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A look at today's markets (closing numbers)
DOW 26.77 (0.27%) ;
NASDAQ 8.79 (0.46%) ;
S&P 500 2.25 (0.20%)
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Newscast
On to our top story on this October 11th. It's getting to the point we can't do a newscast without uttering the words oil prices hit a new high today--now above $53.50 per barrel. Remember when $50 was the Rubicon? But the debate is sharpening between those who take two divergent views of where oil is going and why.
The Federal Elections Commission today received a complaint from the Democratic party and 18 senators. They claim that a plan by the Sinclair Broadcast group to show a documentary critical of John Kerry's war activities is--quote "an illegal in-kind contribution" to the Bush-Cheney Campaign. Next week, Sinclair plans to broadcast the program "Stolen Honor: Wounds that Never Heal" on 62 TV stations - many of them in so-called battleground states.
This campaign season - as it has done in the past - MTV is trying to get young people out to vote. Its slate of celebrities doing spots features P. Diddy, Alicia Keyes and others. But some are concerned that however well intentioned, it's a little too much like selling soap.
Listen to all newscast items
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And the winners are ...
Imagine concocting a way to stabilize the ups and downs of business cycles...and developing a theory for economic policies to do that. If that sounds like the work of a Nobel Prize winner - you'd be half right. Marty Goldensohn reports on the two people who got calls of congratulations today for winning the Nobel economics prize: an American and a Norwegian.
Reporter: Marty Goldensohn
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 Mutual - Matt Csiszar
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"Welcome to CommuniCard"
Habla Spanish? Many Spanish-speaking workers ask their bosses that question... and many managers say - "no". As the immigrant population grows so does demand for better translation services. Ruxandra Guidi reports on a new product.
Reporter: Ruxandra Guidi
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My Frozen Hedgehog - Cordelia's Dad
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Who owns the North Pole? Depends who you ask
When Hurricane Ivan hit the Gulf of Mexico, a lot of folks breathed a sigh of relief that it could have been worse. For the energy industry, it may have been worse than folks believed. The energy company El Paso said today some of its natural gas pipelines off the tip of Louisiana will not be working again til February at the earliest. It's not yet clear how much gas production has been shut down because of the damage--but it's almost sure to drive prices higher. Apparently Denmark is thinking about the implications of rising energy prices. It is putting the world on notice: "You know how we claim Greenland? Well, the North Pole belongs to us, too." Marketplace's Steven Beard explains.
Reporter: Stephen Beard
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Puebla Puppy - Coyote Zen
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Creating a superhero
Spiderman is a movie franchise. Batman was a campy TV show. And you could stop right there. Or you could acknowledge the subculture of comics. The bizarre loyalty that spandex-clad superheroes have inspired among the young and not so young for some 80 years now. The conventions. The stores. The merchandise. But in his new book, Men of Tomorrow, Gerard Jones has peeled back the cover of the comic book to discover an unusual story of how geeks and gangsters in New York crafted a parallel reality better than their own - and one that still sells today.
(We also note the passing of Christopher Reeve. Experts were quoted today as saying the actor lived about as long as could be expected for someone dealing with the injuries that left him paralyzed in that 1995 horse riding accident. Many will remember him as Superman.)
Q + A: David Brown speaks with Gerard Jones
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Crayon - Manitoba
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Coming up on Marketplace...
Competition in the software industry...
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<< - Back to 10/08 Newscast
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