Tuesday, August 21, 2007
In this show. . .
Another mortgage business goes down
Layoffs at Countrywide made headlines yesterday, even as the company took out full-page newspaper ads to say everything's going to be OK. Meanwhile, Capitol One decided to quit the wholesale mortgage business. We asked Ben Steverman for a reality check.
Will Tribune deal miss the porch?
This morning the Tribune Company board is supposed to approve an $8 billion deal to take the company private, but between the recent market volatility and a wilting newspaper industry, its original aim might be way off. Lisa Napoli explains.
Even homework gets outsourced
Globalization has reached grade school. Thanks to the Internet and a little entrepreneurial spirit, some students are getting help with their studies from tutors on the other side of the world. Francesca Segre reports.
Wal-Mart music can now be replicated
Wal-Mart plans to start selling music downloads without copy protection at a cheaper rate per song than iTunes. But some say the move won't necessarily bump up online sales. Ashley Milne-Tyte reports.
Time to pony up for road repair
It's going to cost some $250 million to repair the collapsed highway bridge in Minnesota and there are already calls for more federal funds to fix other bridges around the country. So where's Congress going to get all that cash? Jeremy Hobson reports.
Washington cash flow shifts left
For the first time in 18 years, Democratic candidates are out-fundraising their GOP counterparts. That means people with a lot of money are betting the Dems will hold onto power, Steve Henn reports.
Return of the DVD wars
Don't buy that new DVD player yet. Just when you thought Sony had won the hi-def home movie war and established Blu-ray as the dominant format, two major movie studios yesterday helped HD-DVD strike back. Jill Barshay has more.
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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
By age 14, Scott Jagow had no doubt what he would do with his life. He would be a lumberjack. I mean, an astronaut. A seismologist. No, make that a journalist … Full bio
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