Wednesday, September 2, 2009
In this show. . .
Off-label marketing costs Pfizer
Pharmaceutical giant Pfizer will pay $2.3 billion to settle charges that it illegally promoted pills for uses not approved by the Food and Drug Administration. Tamara Keith reports on the down sides to off-label marketing.
Is BP's new oil field worth drilling?
British energy company BP has made a giant discovery of oil in the Gulf of Mexico. But it's so deep it could be a decade before we see any oil. Bob Moon reports.
Cash-strapped Philly borrows money
Philadelphia will borrow $275 million in the form of an adjustable-rate loan from JPMorgan Chase to pay back vendors. Jeremy Hobson reports.
Four simple steps to health care reform
In an effort to seal a deal on health care reform, President Obama may just be on the brink of giving up on a government insurance plan. But Commentator David Frum says much of the reform comes down to individuals.
A different approach to home buying
Critics say the real-estate industry has been slow to react to new realities, using outdated methods of business. But one Seattle start-up is trying to shake things up. Mitchell Hartman reports.
Stimulus funds provide opportunities
Dustin Woodman and Russ Dickerson, employees of Coconino Rural Environment Corps, talk with Kai Ryssdal about how the stimulus package has helped their organization.
Yoga teachers bent on no regulations
The ancient practice of yoga has grown into a multi-billion dollar industry, so a growing number of states are trying to regulate it. But that's leaving some yoga teachers in a twist. Lisa Napoli reports.
Kai Ryssdal's final note...
Charlie Gibson's hanging it up. Gibson announced this morning that come January he'll be stepping down as the anchor of ABC's "World News Tonight."An older man leaving his job -- even a high profile one -- is not in and of itself news. Unless he's being replaced by a woman.
Diane Sawyer will leave "Good Morning America" in January and move to the evening show.
We asked Brad Adgate at Horizon Media whether gender in the anchor chair should really matter anymore.
Brad Adgate: "I think at this day and age it's not as important a factor as it was, say, when Barbara Walters became the anchor with Harry Reisner a generation ago. I think at this stage the networks want to stem the erosion of the viewers that they have."
Last week checked, ABC was number two behind NBC in the nightly news sweepstakes.
Marketplace datebook for Thursday, September 3, 2009
- In Washington, Vice President Biden talks about the progress of the American Recovery and Reinvestment Act.
- Did back-to-school shopping send consumers to the malls? Chain stores report sales figures for August.
- And television soap "Search for Tomorrow" premiered on September 3rd, 1951. The search went on for 35 years.
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College Confessions
If you made money mistakes during your college career, you're not alone. Hear Marketplace staffers confess to how they handled their finances.
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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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Q: Income-based student loans
You recently reported on a student loan option that was being offered as part of the government stimulus package, which is based on a person's income.... I was wondering if you could please let me know where to find this information. Thanks. Ethan, Minneapolis, MN Read Chris Farrell's answer »
