Latest Stories

Latest Stories


Don't put stock in size of CEO's home

| Oct 9, 2007
A slew of recent studies claim to link social factors, like a CEO's personal life, to his company's stock price. Commentator and economist Susan Lee isn't convinced.

Middle East to get World Bank attention

| Oct 9, 2007
The new World Bank President Robert Zoellick is setting up a new strategy focused on fostering trade in the Middle East. Joel Kurtzman, a senior fellow at the Milken Institute, talked with Kai Ryssdal about why the region needs economic attention.

Private-equity firms will avoid tax hike

Steve Henn | Oct 9, 2007
Speculation in Washington is that a proposed tax increase for private equity partners won't make it through Congress this year. Steve Henn reports.
Posted In: Crime

Now E.U.'s griping about China currency

Jill Barshay | Oct 9, 2007
It's now the European Union's turn to get cranky over cheap Chinese imports and call for China to revalue its underpriced currency. But does the E.U. have the economic leverage to force a change? Jill Barshay reports.
Posted In: Economy

It's all about the beer -- lots of it

Amy Scott | Oct 9, 2007
The makers of Coors and Miller beers have come up with a new brew. It's called combining operations to increase pricing power and market share. But the two may face a tough fight with regulators. Amy Scott reports.
Posted In: Retail

Private equity's lobbying contributions

| Oct 9, 2007
Donations from private-equity firms have increased dramatically in the last 10 years. Here are the total amounts contributed and the politicians who have received the most.
Posted In: Crime, Wall Street

Alcoa report could indicate more

Alisa Roth | Oct 9, 2007
Aluminum maker Alcoa gives its third-quarter profit report today. Alisa Roth reports the company's earnings could tell us how far the subprime crisis has reached and the general health of the economy.
Posted In: Wall Street

Big chunk of arts budget up in smoke

Jill Barshay | Oct 9, 2007
Marlboro cigarette producer Altria is moving its headquarters to Virginia and plans to cut off the $7 million a year it gives to New York arts groups. Jill Barshay reports the funds won't easily be replaced.

Collecting art and investing in a dynasty

| Oct 9, 2007
Sotheby's spent months tracking down the Qing Dynasty artifacts sold in a four-day Hong Kong auction. Once found, the relics struck up fierce competition amongst Chinese investors. Kate Woodsome has more.
Posted In: Investing

Wealthy might not always mean savvy

Steve Tripoli | Oct 9, 2007
The SEC wants to raise the net worth requirement of hedge funds from $1 million to $2.5 million to keep out smaller investors. But some critics wonder what wealth has to do with it. Steve Tripoli has more.
Posted In: Investing