Latest Stories

Latest Stories


GM posts first quarter loss

Janet Babin | Apr 30, 2008
GM lost more than $3 billion so far this year. But hey, that's nothing compared to the $38-billion the automaker lost last year. The company blames challenging market conditions and ongoing labor issues. Janet Babin reports.
Posted In: Auto

Keeping older workers on the job

Jeremy Hobson | Apr 30, 2008
The economy as a whole will suffer if employers don't do enough to attract and retain older workers. That's the topic of a Senate hearing today on what some are calling a looming crisis in the labor force. Jeremy Hobson reports from Washington, D.C.
Posted In: Jobs

Chinese angry about media coverage

Scott Tong | Apr 30, 2008
Boycotts remain a hot topic among the Chinese, who are upset about coverage of Olympic torch protests around the world. Scott Tong reports from Shanghai about the feeling that foreign media have painted an unfair portrait of China.

Siemens scandal could bring huge fines

Stephen Beard | Apr 30, 2008
After allegations of corruption at electronics giant Siemens surfaced 18 months ago, the company hired a law firm to investigate them. Interim results don't look good for Siemens, however. Stephen Beard reports.
Posted In: Crime

Foreign investors on spending spree

Stacey Vanek Smith | Apr 30, 2008
The investment funds of oil rich countries are buying up huge chunks of major American companies, prompting calls for a code of conduct. The IMF hosts a meeting today to work on one. Stacey Vanek-Smith reports.
Posted In: Investing

Gas tax holiday is a dumb idea

| Apr 30, 2008
Some politicians want to give Americans a break this summer with a gas tax holiday. Commentator Robert Reich says that would only encourage more driving and, hence, drive gas prices up even higher and fuel global warming.

Do calories count with fast food?

Alisa Roth | Apr 30, 2008
The New York Restaurant Association is back in court today trying to stop the city from requiring calorie counts on menus. But a new study suggests calorie information might be just what the doctor ordered. Alisa Roth has more.
Posted In: Health

Rockefellers want Exxon shake-up

Jill Barshay | Apr 30, 2008
Exxon Mobil is used to criticism from environmental activists. But now, one of their chief critics is the family that founded the company: the Rockefellers. They're going public with complaints today. Jill Barshay reports.
Posted In: Wall Street

Bush speaks, we read between the lines

Bob Moon | Apr 29, 2008
President Bush was firmly on message today in a Rose Garden press conference: It's a slowdown, not a recession... He'd love to lower gas prices, but Congress is standing in the way. Bob Moon and Kai Ryssdal examine what the president said and didn't say.
Posted In: Washington

Green energy could cost more to feed

| Apr 29, 2008
In Europe, utilities pay people who provide green energy for the power grid. But everyone else foots the bill for those payments. There's talk about doing the same thing in the U.S. Can Americans afford another surcharge on their energy bills? Lisa Desai reports.