The Airbus consortion, comprising countries from four different European states, is eating into Boeing's market share. The consortion is already scheduled to turn itself into a single company by 1999. In London, this is Steven Beard for Marketplace. Critics complain the bulletin board is poorly regulated and vulnerable to fraud. New York editor Michelle Brier has the story.
Critic say it's an easy place to make money by illegally manipulating stocks.
One measure, to limit listings to companies registered with the SEC, would eliminate about half the six thousand stocks currently on the bulletin board. If you want to attract big companies you really got to clean your act up and they are trying to do that. I'm Michelle Brier for Marketplace. European and U.S. negotiators remain hard at it in Kyoto, Japan trying to hammer out an agreement to reduce gases that contribute to global warming. The lead U.S. negotiator, Stuart Eisenstat said he was hopeful of being able to bridge the gap between positions with a deadline late Wednesday, Japan time.