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Bear Stearns takeover hits workers

Janet Babin | Mar 17, 2008
Bear Stearns' employees were told Monday morning that they had become employees of JP Morgan, and that their company stock was now only worth $2 a share. Janet Babin reports their other prospects may not be promising either.
Posted In: Jobs, Wall Street

Asian markets keep eyes on U.S.

Doug Krizner | Mar 17, 2008
Asian markets are reacting to the financial market news in the U.S., and the markets are down sharply. Doug Krizner talks to Lindsay Whipp of The Financial Times in Tokyo about some of the main concerns in Japan and Hong Kong.
Posted In: Wall Street

Panic is reality for Bear Stearns

Scott Jagow | Mar 17, 2008
Bear Stearns' stunning collapse came a week after things seemed normal for the bank. Scott Jagow talks to economist Diane Swonk, who says panic in the market and clients turning their backs prompted the trouble.
Posted In: Economy, Wall Street

Not a banner ad year for politics

Stacey Vanek Smith | Mar 17, 2008
Presidential candidates are expected to spend almost $5.5 billion on political ads by election day, with less than 1 percent of that going to online ads. But Stacey Vanek-Smith reports Web ads are still seen as significant.

Tibet's riots an economic issue, too

Scott Tong | Mar 17, 2008
Political freedom is the headline cause of the protests in Tibet, but there's also an undercurrent of economic disenchantment. Scott Tong reports on anti-Chinese sentiment among Tibetans over jobs.

Guinness guzzles whole Black and Tan

Ashley Milne-Tyte | Mar 17, 2008
The drink "Black and Tan" traditionally blends Guinness with Bass, beers owned by two separate companies. But Guinness has recently been trying to change the formula to help their company sales. Ashley Milne-Tyte explains.
Posted In: Retail

Newspapers losing ads, not audience

John Dimsdale | Mar 17, 2008
A study out today suggests newspapers aren't losing readers, as their websites have a larger share of the overall audience than the print versions do. John Dimsdale reports loss of advertising is the real problem.

Markets respond as Fed steps in

Stephen Beard and Scott Jagow | Mar 17, 2008
The Federal Reserve took some emergency measures Sunday night after fire sale of investment bank Bear Stearns. Scott Jagow talks to Hong Kong investment advisor Puru Saxena and Stephen Beard in London to get world markets' reaction.
Posted In: Economy, Wall Street

Some Thoughts on the Fed

Chris Farrell | Mar 15, 2008
My latest musing on the economy....

An unclear view

Richard Core | Mar 14, 2008
The air here in Dubai this morning was thick. Some strange combination of sand blowing off the desert, dirt from the construction sites, and fog...
Posted In: kai ryssdal

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