Monday, July 23, 2007
In this show. . .
Expedia hits tough market for buy-back
Online travel agent Expedia announced today that it will buy back significantly fewer shares than the million it wanted last month. The culprit is a tightening credit market. Amy Scott reports.
Netflix tries lower prices to stay ahead
Staying competitive in the face of Blockbuster's aggressive online campaign, Netflix announced more price cuts for some of its services. Jeff Tyler explores the lastest in the DVD rental price war.
UAW starts off with tough talk
Despite today's conciliatory air at the start of negotiations between the United Auto Workers and big automakers, UAW President Ron Gettelfinger said he isn't interested in concessions. Alisa Roth reports on the big issues on the table.
Delivering to the global economy
Globalization has played a large part in the strong growth of United Parcel Service. Kai Ryssdal talked to CEO Michael Eskew about how the business has changed -- and stayed the same.
Huddled masses yearning to learn free
With English proficiency becoming an increasingly crucial skill for U.S. immigrants, classes to learn the language for free fill up fast. Jessie Graham reports on the demands facing English-language programs in New York.
'Old media' content remains king
Wall Street hasn't been kind to the newspaper business since new media came online. But commentator Cody Willard says old media's content makes it a good investment.
Milking money out of stolen crates
Thieves have found a way to turn a huge profit on recyclables: sending stolen milk crates to plastic manufacturers. Kai Ryssdal talks to Edmund Woods, who handles security for a major Southern California dairy.
Kai Ryssdal's final note . . .
Your morning pick-me-up's going to start costing you more. Starbucks announced a price hike today. Nine cents on average — about 3 percent for most drinks. It's effective July 31. Stop me if you've heard this before, but the company blames rising fuel and energy prices, as well as increased costs for dairy products.Marketplace datebook for Tuesday, July 24, 2007
- In Washington, President Bush hosts King Abdullah of Jordan at the White House.
- The American Association of State Highway and Transportation Officials releases a new report with recommendations on the future of transportation.
- And after 10 years with no change, the new minimum wage goes into effect. It'll be $5.85 an hour, a 70-cent increase. At that rate, a full-time worker stands to earn about $12,000 a year.
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Music From This Show
Marketplace Confessional
"I disagree with Diana Nyad, who told Bob Moon today that Americans are not interested in Wimbledon because there are so few Americans playing. I love watching tennis, no matter who is playing. I have watched tennis for years, but the networks toy with us, creating drama rather than showing the match. Oftentimes, televised matches end precisely when the allotted time expires, even if they have to cut and splice. When they don't, as happened in a Nadal match last weekend, we were left hanging at the end of two sets, as NBC switched to women's golf. I don't have cable TV, so I couldn't switch to MSNBC as was suggested. It's enough to make me turn off the TV and read about the matches online."
Your Host
Kai Ryssdal took the reins as host of Marketplace in August 2005 after hosting the Marketplace Morning Report for more than four years. Before joining Marketplace, Kai was … Full bio
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