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Monday morning, August 08, 2005

FEATURES

 (photo: Flickr/Ultramookie)

Hanging on the telephone in Thailand

In Thailand last month, the country's Prime Minister assumed sweeping powers in three provinces, hoping to quell a Muslim insurgency that's killed some 800 people in the last 18 months. But the government's using some controversial tactics to get the job done, one involving cell phone users. Miranda Kennedy reports.
 (photo © Dreamworks)

The changing face of local news

More people, especially more young people, consume local news than you might think. This week Adam Clayton Powell III's book Reinventing Local News hits shelves; he talks to Lisa Napoli.
 (photo Robert Sullivan © Getty Images)

A jobs-for-tax-breaks switcheroo?

Every year, states and cities hand out $50 billion in tax breaks to companies in a battle to lure new jobs. But in a new book, author Greg LeRoy says that job creation is a myth. He talks to Scott Jagow.


NEWSCAST

Japan's Prime Minister wanted to take the postal system there private, to open up its $3 trillion in holdings to private investors. Today, Parliament said: fat chance. It's sent the ruling party into a tailspin; Joceyln Ford reports in the 9:50am newscast.

As McDonald's goes, so goes the market? If the success of the Golden Arches is any indication of the health of the US economy, things may be pretty rosy. The fast food Big Mac posted an almost 5% gain in same-store global sales, much better than some analysts expected, and the 28th straight month of growth.

Today, crude prices hit a record high of nearly $63 dollars a barrel. You name it — Iran's nuclear program, US refineries, Mideast security threats — it's affecting the price of oil. Stephen Beard reports in the 8:50am newscast.

A census report out today Los Angeles county leads the nation in the number of businesses, 235,000 companies, including dear old Marketplace. But if you're looking for the fattest paychecks, they're in the Big Apple. The report says the average salary in Manhattan is $73,000 a year.

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