Latest Stories

Latest Stories


MySpace purge missed some sex offenders

| May 22, 2007
The social networking site recently booted 7,000 users and turned over contact data to authorities — but only after being subpoenaed. And a quick search reveals the purge didn't get everyone. Pat Loeb reports.
Posted In: Crime

As gas prices rise, we keep filling up

Kai Ryssdal | May 21, 2007
It's been 26 years since gas prices, if put in today's dollars, were as high as they are today. And yet we're using it like it still cost $1.35 a gallon. Oil-price expert Tom Kloza talks with Kai Ryssdal about what's going on.
Posted In: Economy, Retail

Con Ed plugs into Homeland Security

Jill Barshay | May 21, 2007
New York City's electric company is getting ready for a much needed upgrade. And it figured how to get the federal government to foot part of the bill. Jill Barshay reports.
Posted In: Washington

Highly-skilled immigrants still seen as a need

Steve Henn | May 21, 2007
The new immigration bill being debated on Capitol Hill would give more weight to aspiring immigrants' education and skills. But many in the business world say it still won't deliver the workers they need. Steve Henn reports.
Posted In: Immigration, Mexico

Beijing puts its money on Blackstone

Kai Ryssdal and Scott Tong | May 21, 2007
China's decided what it wants to do with some of its $1.2 trillion in foreign reserves: Buy into the high-powered U.S. private equity firm Blackstone. Our man in Shanghai, Scott Tong, explains the deal to Kai Ryssdal.
Posted In: Investing, Wall Street

Anybody need a business plan?

| May 21, 2007
Commentator Rob Long found out that it's possible — and maybe even easier — to be an entrepreneur when you don't have a business plan.

Viral videos are spreading fast

Andrea Gardner | May 21, 2007
Film maker Robert Greenwald has turned his talents toward making politically-charged videos funded by private groups and donors. It's a new phenomenon. There's money to be made. And, maybe, some campaigns to be won. Andrea Gardner reports.

Investing according to Islamic law

| May 21, 2007
Britain could soon become the first western government to issue bonds that comply with Islamic, or Sharia law. And that could mean billions in extra capital flowing London's way. Stephen Beard reports.

China buys into Wall Street

Scott Jagow | May 21, 2007
China is sinking $3 billion into U.S. private equity superstar Blackstone Group. Economist Trevor Houser says the Chinese want to get schooled in foreign investing. Lesson 1? The less-than-10% stake is just low enough to fly under federal scrutiny.
Posted In: Canada, Wall Street

Sloan Sessions: Summer rally time?

Scott Jagow | May 21, 2007
Not that Wall Street really needs a rally this year, but with summer break on the horizon we asked Allan Sloan whether to expect a traditional May selloff before investors hit the beach. Hard to say, he says, but they're gonna take their Blackberries.
Posted In: Wall Street