Latest Stories

Latest Stories


Cheaper rates for using more power?

Lisa Napoli | Oct 30, 2007
Differential pricing for utilities is nothing new -- paying less for electricity used during off-peak hours. But in Los Angeles, city officials floated a slight variation on that theme -- lower rates for people who use more electricity. Lisa Napoli reports that it's a growing trend.

Cost of U.S. spying efforts released

Steve Henn | Oct 30, 2007
For the first time in almost a decade the federal government has pulled back the curtain on the American intelligence budget. In 2007 the country will spend $43.5 billion to spy on its enemies -- plus another $10 billion for the Pentagon that's still classified. Steve Henn reports.
Posted In: Crime

Product-safety chief rejects extra funds

John Dimsdale | Oct 30, 2007
The U.S. Consumer Product Safety Commission is half the size it once was, which means it's been busy dealing with this year's record number of recalls. Yet, its acting head Nancy Nord says she doesn't want extra money that Congress is offering. John Dimsdale explains what's going on.
Posted In: Retail

No more for product safety, please

Steve Henn | Oct 30, 2007
Congress is considering a bill that would give the Consumer Product Safety Commission more money, staff and power. But the head of the agency says she doesn't want the bill to pass. Steve Henn reports.
Posted In: Retail

Publications want lower postal rates

Jeremy Hobson | Oct 30, 2007
Small publications are hurting from an increase in postal rates last July, and Congress is holding a hearing on how much they should pay for mailing. But Jeremy Hobson reports a lowered postal rate is unlikely.

A new process to approve patents

Jeremy Hobson | Oct 30, 2007
The U.S. Patent and Trademark Office wants to change the rules to streamline the processing of new applications. But a lawsuit is threatening to prevent those changes from happening. Jeremy Hobson has more.

UBS reports losses in third quarter

Stephen Beard | Oct 30, 2007
Swiss bank UBS reported its first quarterly loss in almost five years, and much can be blamed on investments in mortgage-backed securities. Stephen Beard reports the crisis might be far from over.
Posted In: Economy

Finance work holds barriers for women

Jill Barshay | Oct 30, 2007
A new survey of females in finance finds it's difficult for women to advance working in hedge funds or private equity. Jill Barshay looks into why these fields get a bad rap.

Spending it all on a good scare

Scott Jagow | Oct 30, 2007
Halloween is go time for the haunted house industry, and keeping a big scare operation running can be costly. Scott Jagow talks to the owner of the "Bates Motel," a large-scale, farm-based spook attraction.
Posted In: Entrepreneurship, Jobs

'Do Not Call' ever again

Alisa Roth | Oct 30, 2007
The "Do Not Call" list that prevents telemarketers from dialing you will expire next year. But Congress might pass a bill that would make registration permanent. Alisa Roth has more.