Latest Stories

Latest Stories


Behind Societe Generale's losses

Stephen Beard | Jan 24, 2008
Societe Generale is chalking up the loss of $7 billion to an "inept employee." Stephen Beard reports analysts see the losses as the latest chapter in the saga of shady banking practices.
Posted In: Investing

The latest 'Thing' in art, delivered

| Jan 24, 2008
A subscription art club in San Francisco locally mass-produces and delivers a new piece every few months. And despite varying costs each time, the business model is holding up pretty well. Julie Caine has more.

Colleges profit from riskier investing

Lisa Napoli | Jan 24, 2008
Some Ivy League schools are doing so well they're offering free tuition to students from less-wealthy families. Lisa Napoli looks into a recent report for how the richest universities are managing to pull funds in a slow economy.
Posted In: Education

The Fed rate cut and your mortgage

Scott Jagow and Chris Farrell | Jan 24, 2008
Right after the Fed rate cut was announced, economics correspondent Chris Farrell started getting e-mails from people asking whether they should refinance their homes. Chris answers that question with Scott Jagow.
Posted In: Economy, Housing

What will get Ford in gear?

Ashley Milne-Tyte | Jan 24, 2008
To help profits, Ford might trim down its work force. But what will help the automaker after that? Ashley Milne-Tyte reports the company needs to rely on new product development in order to progress.
Posted In: Auto

Bidding begins for wireless control

Lisa Napoli | Jan 24, 2008
The wireless spectrum is up for auction today, and mobile phone and Internet companies are lining up to bid. Lisa Napoli reports whoever wins the bidding war will have a direct impact on the American consumer.
Posted In: Science

Shanghai commute: A survivors' battle

Scott Tong | Jan 23, 2008
No matter how bad your commute is, be thankful you don't work in Shanghai. Our China correspondent Scott Tong says his trip to and from the office is kind of a metaphor for doing business there.
Posted In: Travel

Attention Gaza shoppers! Egypt's open

Kai Ryssdal | Jan 23, 2008
An estimated 350,000 Palestinians in the Gaza Strip went on a buying spree in Egypt today when masked gunmen blew holes in a border wall. Kai Ryssdal talks with economist Youssef Dauod in the West Bank about what the Palestinians need most.

. . . And in other business news

Kai Ryssdal | Jan 23, 2008
It may not seem like it, but there was a lot of other business news going on today beyond the general economic concerns. Kai Ryssdal gives a quick wrap-up of what was going on.

All the work, none of the benefits

Lisa Napoli | Jan 23, 2008
Many companies are now hiring freelance workers to toil indefinitely with no promise of future benefits or salaries. Lisa Napoli has the story on what is becoming known as "permalancing."