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Wednesday morning, February 02, 2005

FEATURES

(Photo credit: Getty Images)

"The Public's Business": The bond market

When President Bush delivers his State of the Union tonight, he's expected to lay out the economic agenda for his second term, including the controversial goals of privatizing Social Security and making permanent his tax cuts. One of the more intriguing questions is, who's going to determine whether he succeeds or not? In this edition of "The Public's Business", Marketplace commentator Robert Reich describes an unlikely constituency.
(Photo credit: Getty Images)

Public relations goes blogging

Blogs aren't just for individuals anymore. The web log, or blog, is being seen by many in the corporate world as a good internet marketing tool. Public relations experts, CEOs and customers are starting to realize the benefits of web diaries.


NEWSCAST

From the Health Desk: Social Security may be the Bush Administration's latest mantra, but some people believe they're overlooking a bigger problem in Medicare.

From Los Angeles: Part of President Bush's plan to reign in those record deficits in his budgets apparently includes collecting money the government's already supposed to get. In his budget proposal, Bush will ask Congress for $500 million to step up tax enforcement at the IRS.

From Birmingham, Alabama: Every 30 seconds, someone in America files for bankruptcy. And it's not just $200 tennis shoes or rampant credit card debt forcing most people into bankruptcy court. A new study finds that medical problems are a big factor.

From Los Angeles: Uncle Sam is looking for a few good men and women -- and not just in the military. A new report out today looks at the kinds of jobs the federal government will need to fill in the coming years.

From the Work and Family Desk: Tonight when President Bush delivers his "State of the Union" address, he may have a tough time convincing the majority of women to back his plans for Social Security. A new poll shows that women are decidedly nervous about partially privatizing the retirement program.

From Philadelphia: Punxsutawney Phil, that illustrious prognosticator of groundhog-related weather, proposed six more weeks of winter today. But before his usual appearance as weatherman, Phil poked his head into a Washington, D.C. burrow known as Congress, where he and his fellows from Punxsutawney lobbied for $100,000 to expand the town's tiny weather museum.

From Paris: France's famous 35-hour work week is about to be watered down to make it more business-friendly. But France's workers have gotten used to the extended weekends. Surprise, surprise, most of them don't want to go back....

From Beijing: How do you do business with a big oil company, when that company is mired in thorny lawsuits that could land you in court? China managed it with Russia's state oil company Rosneft, in a deal involving oil giant Yukos.

In the popular lexicon, to "google" means "to use a search engine." (Preferably Google itself, of course.) But maybe "to google" should be changed to mean "to do surprisingly well on Wall Street." How does $275 per share sound? It's possible, says one analyst.

DOW 1.85 DOW
1.85%
NASDAQ 1.22 NASDAQ
1.22%
Standard and Poors 500 0.00 S & P
0.00%
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