Audio Archive
Banner Image
Get Adobe Flash Player to see this content.
+Automatically Generated Transcript (may not be 100% accurate)

" Says Money Markets & More for Thursday October 1 209. From the newsroom over the MarketWatch radio network I'm Steve Potisk coming up waiting to see if there's a cash for clunkers hangover in September."

" Microsoft is had a tough fear and its executives. Are paying for -- I'm Tracy Johnke and I have the daily tech update."

" And I'm John -- rock coming up in a moment we are gonna talk about. The road warriors favorite subject. Lost luggage lost luggage that's consumer race and -- and she'll have more on this in a moment right -- Okay thanks -- expanding your thoughts there. More on this in a moment but first this."

" Want the latest on the economy hoping to survive today's climate. Get everything you need to know in recession and recovery weekdays right here at marketwatch.com."

" On the -- planning of things to get investors excited there depressed or whatever like September results from the nation's auto dealer showrooms car sales have been showing some improvement lately. But that is expected to be a fond memory when the latest results come out since there's no cash for clunkers program to artificially boost auto maker numbers anymore. Well market watcher auto reporter -- like -- says some of the forecast for September may be over done the results will still be a sobering reminder that the federal rebate program provided only a temporary fix for the ailing car industry. Edmunds dot com looking for an adjusted annual sales rate of about nine point three million cars and trucks that's down from fourteen million in August. Also on tap the institute for supply management's take on the health of the nation's factories. Expectations. Are for a slight increase to a reading of 53 and a half 4 September up from a 52 point nine in August. Now anything above fifty does suggest expansion but the forecasts were made before Wednesday's release of the Chicago purchasing managers survey. And that -- showed a surprise contraction. It's also seen as a preview of the national report that this war. Yes there's also news do on the homefront construction spending seen slipping a tenth of a point in August after falling to -- in July. The good news on homes and residential portion of construction outlays -- likely to rise in August according to economists. Also want homes won't be attending home sales contracts for sales signed but not yet closed. But there's still more that's right we're also gonna get personal and government spending for August a look at announced layoffs or September 1 time. Jobless claims on this date in history 1891 in California Stanford University opens its -- in 1903. The Boston Americans play the Pittsburgh Pirates in the first game of the modern World Series 1908 Ford puts the model T car on the market the price a 125 dollars 1931 the George Washington Bridge linking New Jersey and New York opens for travel. 1940 the Pennsylvania turnpike often considered the first super highway in the US opens to traffic. 1957. The first appearance of in god we trust on US paper currency."

" 1962 the first broadcast of the Tonight Show Starring Johnny Carson. C 1969. But concorde supersonic transport plane breaks sound barrier for the first time. In 97."

" What Walt Disney World opened at near Orlando Florida and in 1982 Sony launched the first consumer compact disk player. It was the model CDP 101."

" Now remember me yes you do you now. Pay any bills. Plenty you know those skinny people computerized and of the take the new Compaq it's one out of Mozart out of a bit mapped does sound played by -- them. Just listen to that -- this isn't crackle -- goals are. You do want that bunch of this can't separate topic our government sound just thought it over apple plans."

" name."

" Send me. Making company. It's money markets and -- from marketwatch.com. Okay more shots fired in the battle of the toys Wal-Mart says it's responding to the sluggish economy. By expanding its ten dollar toy offerings from last year's ten toys priced under ten dollars to 100 toys low prices here. And Wal-Mart says that'll match any retailer selling those same toys for under ten dollars meanwhile Toys 'R' Us says tiring 35000 seasonal workers for its stores. As it prepares for the upcoming holiday shopping season. As it shows off a six billion dollar global makeovers Sheridan is offering travelers a chance to stay in one of its refurbished hotel rooms for free. Starting next Tuesday you can log on to Sheridan dot com and sign up for free stay on Friday October 23 it's on a first come first served basis at 86 new -- newly renovated properties for sharing it. All right time now for the daily tech update and Tracy Johnke says there's some trouble that Microsoft when it comes to paychecks."

" Steve Microsoft recently suffered its first ever drop an annual sales and his top executives are paying the price CEO Steve Ballmer took a 5% pay cut last fiscal year. And other top executives take pay cuts as well the guy who heads Microsoft's entertainment and devices division home of the Xbox and Zune. Took that 27%. Hit. Bombers -- was reduced from one point 35 million in 2008 to one point 28 million dollars in that 2009 fiscal year. And it may seem on the low side given we -- used to seeing CEO pay packages in the tens of millions more mark. But don't cry for Steve Ballmer is still worth about ten billion dollars. Thanks in his Microsoft's stock holdings."

" Okay when you fly you always worry about losing your bag lost luggage is a huge headaches for passengers. And -- huge PR mess for the airlines but now carriers are trying to make the skies little bit friendly -- as we hear from John Ward on an aunt Kate's. I've struggled there over their -- obligates 42 Johnny he's the one of them Hawaiian shirt."

" Simply the wrong way. Attention road warriors have you lost to bank recently yes -- and stings doesn't wear. He'd go to get your bag and baggage claim and it's gone well the airlines are working on improving the situation. Famous last words. But let's bring in our in case it give us an update on what they're doing to make sure you don't lose your bank again."

" That's right they are airlines they are taking a whole bunch of different steps to to prevent lost luggage. Lost luggage cost airlines three billion dollars each year so it behooves them financially to come up with some kind of solution. So now I have airports are trying different things they've got these special. Hi tech scanners and sorters and say they use the a bar code to send the baggage were exposed to go out. Some airlines have also started hired people basically just keep -- on the handling of the luggage keeping track of the weather. The passengers and airlines are actually going to employ people look at the -- now well right that they get that they're keeping track especially. Of the bulk of the time when baggage gets lost -- because a connecting flight that's very tightening the flight's delayed or whenever. So they even have special teams basically watching out for those bags to make sure they get on the next plane."

" Thank you Florida is playing and -- Surely can't be serious but I am serious and don't call me -- You know I recently traveled on southwest tonight try to keep my baggage to a minimum southwest as. No fee but at the same time I hate traveling with banks but southwest makes me feel comfortable for some reason when I take my luggage with me."

" Like at northwest recently and they charge twenty dollars for bag but I think I was the only passenger who hated because the flight to both directions were delayed because people. On the plane were looking for places to stow their -- luggage and an all the bins filled up."

" You would think that given that he's now associated with the baggage at the airlines would. Be able to address this financially may be employ one or two people to deal with."

" The bags now that the and that's that they're finding that because if you're gonna charge somebody to one year fifty or whatever to check their their baggage here. You better make every effort to make sure the bag gets there on time oh -- I mean that's so true isn't it -- that that would not make a passenger happy -- paid hundred bucks to it said it checked five pieces of luggage and and it all vanishes that would not happy that would be the cool of the equivalent of handing the car keys to the ballet at a fancy restaurants. And the ballet brings back cute car all beat up with a flat tire and they -- on the -- yeah something like that -- it it's important that they did this not only for those reasons it has cost some money because it upsets the passengers -- keep -- Mayer are back in the 1990s Denver the Denver airport got this big fancy pants baggage handling system. And an essence it didn't work -- broke down a failed to live up to expectation of the live up to expectations so they are using all that they are taking advantage of modern technology. And trying all these different systems especially at an airport -- Amsterdam Las Vegas they seem to be. The most convenient according to The Wall Street Journal and they are trying to lower the rate at which airlines lose like it's right now. It's about one and a half percent or 33 million -- pieces of luggage were mishandled around the world last year's 33 million a lot."

" Folks if you have lost to bank recently and you want to chime in and -- rat out some airline we'd love to talk more about this send us an email at MarketWatch radio news room. At Yahoo.com. And now the slowed down versions MarketWatch radio newsroom at Yahoo.com. Have just reach out folks let us know if you lost a bank recently in. How did the airline handle it how did you handle it. Or did you have a pleasant experience. Let us know about that too yes the airlines can surprise us from time to time folks thanks and thank you."

" And follow us on Twitter and W radio also -- on FaceBook MarketWatch radio network. That's it for Money Markets & More on Steve Potisk -- see you next time. -- making company."

Related Audio and Video

Money Markets and More for Thursday, October 8, 2009

Money Markets and More for Thursday, October 8, 2009

Wall Street gets to react to Alcoa’s earnings news. The Kindle is getting cheaper. And makers of good old fashioned, prepare at home, comfort foods have been stepping up ad spending.

Audio|Wed, 7 Oct 2009|More from 1010 WINS MONEY, MARKETS and MORE.
|wall streetfound at2:17, 0:43

“…a lot of office space means -- plunged according to The Wall Street Journal office rents are down about a half percent nationally when compared with the year ago. Real estate research firm Reese says the cut in rates followed companies returning and at twenty million square feet to landlords during the summer …”

“…On the day above Wall Street will get a chance to react to Alcoa's quarterly profit report as it also sorts through the latest earnings from. PepsiCo Marriott …”

Money Markets and More for Wednesday, October 7, 2009

Money Markets and More for Wednesday, October 7, 2009

The earnings reporting season gets underway. Home theaters are out; home offices are in. And Hollywood fears Twitter.

Audio|Tue, 6 Oct 2009|More from 1010 WINS MONEY, MARKETS and MORE.
|movie reviewsfound at5:27, 0:39

“…that this past summer. When the movie Brunell opened to very strong box office. . And then subsequently tank right after that because people did not like the movie and they went on Twitter and put out some negative tweet about it so it really is a phenomenon that's going on right now on Hollywood have you done it. -- about a movie gas now. Norton or -- I I like to tweak though but. And you -- MarketWatch radio network on Twitter that's right it MW radio but we don't do movie reviews we don't in the very obvious. Some some Hollywood studios though have been trying to take advantage if you caught that of …”

“…But first this. What are Wall Street's biggest names say in about stocks and the economy. Listen to Morning Stock Talk weekday mornings only here. Marketwatch.com. On the daybook …”

Money Markets and More for Tuesday, October 6, 2009

Money Markets and More for Tuesday, October 6, 2009

Is a big retailer selling knock off merchandise? Macs and PCs are sharing a room. And a major retailer is making noise about how it plans to sell DVDs.

Audio|Mon, 5 Oct 2009|More from 1010 WINS MONEY, MARKETS and MORE.
|world seriesfound at1:51, 3:22

“…Billy -- objective for Wrigley Field during game -- Of the 1945. World Series. . Setting off a Billy go. …”

“…the -- PD group. And general Mac owners have more computers and electronic gadgets than those in PC only homes. Two thirds have three or more computers and they also unmarked iPods and GPS systems and …”