Jul 31, 2007

Marketplace AM for July 31, 2007

Segments From this episode

Scotch whiskey's golden age

by Stephen Beard

Jul 31, 2007

Bacardi is the latest booze maker to pour out millions in cash to step up production of Scotch whiskey as the spirit enjoys rising popularity among the fast-growing middle classes in emerging markets. Stephen Beard reports.

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Chavez swimming in oil profits

by Dan Grech

Jul 31, 2007

Venezuelan President Hugo Chavez calls it "oil socialism:" upping taxes on foreign oil companies and forcing them out of the country if they resist. His strategy has alienated international investors, but he's got a bundle of cash, Dan Grech reports.

Cheaper roaming in Europe today

by Ashley Milne-Tyte

Jul 31, 2007

The European Union has required mobile phone carriers there to cap roaming rates by today. But not everyone is sold on the cheaper calls, Ashley Milne-Tyte reports.

A question of healthy competition

by Stacey Vanek Smith

Jul 31, 2007

The FTC today kicks off a two-day hearing on whether Whole Foods' pending buyout of rival organic retailer Wild Oats constitutes a monopoly. And industry watchers are divided on this one, Stacey Vanek-Smith reports.

Tim Boyle (c) Getty Images

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Tightening the squeeze on Iran

by Stephen Beard

Jul 31, 2007

Most of Europe's banks had already joined the U.S. in halting financial transactions with Iran in an attempt to pressure it into giving up its nuclear program. Now the last two holdouts have caved, but Iran may find other sources. Stephen Beard reports.

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New restaurant labor law on NYC's table

by Alisa Roth

Jul 31, 2007

Most New York City restaurants depend on low-wage workers, often immigrants who are easier to mistreat. So the city council will consider a bill that would put labor law violations on par with health code infractions. Alisa Roth reports.

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Waiting game for Murdoch

by Marketplace Staff

Jul 31, 2007

The Wall Street Journal's future could be determined today. The boards of both Dow Jones and Rupert Murdoch's News Corp plan to meet and a deal could be approved, but it all hinges on a few Bancroft family members. WSJ reporter Sarah Ellison explains.

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Recession on the horizon?

by Steve Tripoli

Jul 31, 2007

As credit tightens in the wake of the subprime lending crisis, some analysts warn that it could impact lending in other areas. And that's one more risk factor on the recession pile. Steve Tripoli reports.

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More pork in Alaska's scandal

by Steve Henn

Jul 31, 2007

Alaska's congressional delegation takes a back seat to no one when it comes to bringing home the bacon. The latest allegations implicate Republican Senator Ted Stevens. Steve Henn has details.

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