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Wednesday morning, April 13, 2005

FEATURES

Retirement and Medicare - two crucial issues

A Congressional panel takes up a bill today that deals with postal workers' pensions. But it could also have an effect on the rest of us. As Marketplace's Matthew Algeo reports, what's at stake is -- the price of a stamp. Also, in this edition of The Public's Business, Marketplace commentator Robert Reich says Social Security's problems mask a much bigger crisis.

Telecommuting in this age of high gas prices ...

With their constituents paying $2.50 and up for a gallon of gas, Congress is debating a broad energy bill with incentives to, eventually, produce more fuel. But before Congress gets that all worked out, you may be looking for ways to ease the pain you've been feeling at the pump. Telecommuting may be an answer - even if your company doesn't have a formal policy on flexible work schedules. From the Work and Family Desk, Marketplace's Hillary Wicai reports there's a right way to ask.


NEWSCAST

From Washington: I-D thieves seem to have the upper hand these days, with recent break-ins at data firms like Lexis-Nexis and Choice Point that affected hundreds of thousands of customers...

From Miami: This morning the Senate begins hearings on the Central American Free Trade Agreement, or CAFTA. Several U.S. industries, led by sugar and textiles, argue that opening the borders to the five Central America nations endangers U.S. jobs.

From Beirut: Ever since the February 14 bomb blast that killed former prime minister Rafic Hariri and 18 others, business in Beirut has been in a slump...

From New York: With April 15th just two days away some of you may be applying for extensions or perhaps just wishing you could lobby the IRS to change certain things. A new report out from the Center for Public Integrity says nearly 500 companies have done just that...

From Los Angeles: Wal-Mart has been struggling with some bad press of late. The company has paid big fines for its labor and environmental practices... and its been criticized for its affect on communities and its union troubles.

From London: The global recording industry has embarked on its biggest-ever crackdown against file-sharing over the Internet. The industry has launched almost a thousand lawsuits in Europe and Asia. From London, Stephen Beard reports.

From Beijing: : For years, labor activists have been demanding big brands identify the overseas factories that make products for them so they can better monitor working conditions. Yesterday Nike did just that.

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