Thursday, August 23, 2007
In this show. . .
Panic is over but not the problem
The markets seem to have calmed down a bit from the initial mortgage meltdown shock, but has the worst passed? Kai Ryssdal talked with financial strategist Richard Bove to get some guidance.
A change to mountaintop-mining rules?
The Bush Administration is preparing new rules to encourage what some say is a safer and more efficient type of above-ground mining -- mountaintop, or strip, mining. John Dimsdale reports environmentalists are worried.
A pilot program on XM's schedule?
The FAA is planning to award a contract to overhaul the nation's air traffic control system. The list of bidders includes a company known more for music and talk shows than cockpit communications. Lisa Napoli reports.
When prime real estate is a slum
The Indian government wants to turn its financial capital of Mumbai into a world-class city. But what will it do with a notorious slum, the largest in Asia, and the people who live there? Miranda Kennedy reports.
A big gain for weight-loss surgery
People desperate to lose weight may think more seriously about going under the knife based on the findings of two new studies. Helen Palmer reports.
Time for a refill on pharmacists
There's a growing shortage of people trained to make sure we get the right medicines in our prescription bottles. Colleges in Tennessee have stepped up, but Blake Farmer reports that's fueling worries over another shortage.
Driving toward larger market share
Earlier this month the Alamo and National rental car brands were sold to the number one company in the industry -- Enterprise Rent-A-Car. Enterprise is changing. Kai Ryssdal talked with its man in the driver's seat, Andrew Taylor.
Kai Ryssdal's final notes . . .
Sun Microsystems is hoping a small change will add a little pep to its stock value. The company that came up with the Java programming language will be changing its ticker symbol to JAVA. At the moment it's the very uninspired SUNW. It's worth a mention here that Sun's share price is off almost 10 percent this year.
And to get back to where we started today, the credit crunch, the Federal Reserve announced this afternoon that the dollar amount banks borrowed from the discount window — remember, that's the interest rate the Fed just cut — spiked to more than six times normal this week.
Marketplace datebook for Friday, August 24, 2007
- In Washington, the Commerce Department reports on durable goods orders and new home sales for July.
- New rules regulating manufacturing practices for dietary supplements go into effect. The U.S. Food and Drug Administration aims to ensure vitamins contain what is on the label.
- And the U.S. Court of Military Commission Review, the nation's new terrorism appeals court, hears its first case.
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Music From This Show
- Big Bamboozle Barry Adamson
- Levitation Runaways UK
- Durga Puja DJ Cheb I Sabbah
- Drugs L'il Kim
- No Cars Go The Arcade Fire
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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