Latest Stories

Latest Stories


Not so fast, private equity

Steve Henn | Jun 15, 2007
It hasn't gone unnoticed by Congress that private equity firms are starting to go public. Or that they pay less than half the tax rate public companies do. So yesterday it introduced a bill to even the playing field. Steve Henn reports.
Posted In: Wall Street, Washington

New Marriott brand will be boutique

Ashley Milne-Tyte | Jun 15, 2007
Marriott is teaming with famed boutique designer Ian Schrager to develop a new, edgier brand to compete for a new, younger class of business travelers. Ashley Milne-Tyte has details.
Posted In: Travel

Switzerland raises interest rates

Stephen Beard | Jun 15, 2007
The Swiss Central Bank has raised interest rates by 0.25 percent and some analysts are warning investors to be prepared for dramatic moves in global currency markets in the months ahead. Stephen Beard explains.
Posted In: Canada, Investing

Poll: 35% of Mexicans would move to U.S.

Dan Grech | Jun 15, 2007
Not exactly shocking information given the wage disparities between the U.S. and our neighbor to the south. But, say researchers, that doesn't mean if borders were opened that a third of Mexicans would really leave. Dan Grech reports.
Posted In: Canada, Immigration, Mexico

Private equity discovers Africa

| Jun 15, 2007
No surprise that fewer than 1 percent of the world's private equity deals happen in Africa, the world's poorest continent. But with the potential for higher returns, more investors may be lured to take the risk. Terry FitzPatrick has the story.
Posted In: Canada

What's the cure for home-lending market?

Bob Moon | Jun 14, 2007
There's no shortage of ideas on how to deal with ailing borrowers and lenders. Fed officials heard some of them at a hearing in Washington. But the central bank's being urged not to overreact. Bob Moon reports.
Posted In: Crime, Housing

Starting at Ground Zero

Alisa Roth | Jun 14, 2007
JP Morgan Chase said today it's moving back to Lower Manhattan at the World Trade Center site. Officials hope it will lure other businesses to locate there, too. But Alisa Roth reports the bank didn't come cheap.

Is Kodak's future coming into focus?

Jill Barshay | Jun 14, 2007
Kodak says it's got a new technology that will let photographers take sharp pictures in low light. Jill Barshay reports on what it might mean for the company, whose outlook in the digital era has lacked some definition.

We need a 'Last Chance Mortgage' fund

| Jun 14, 2007
Once we get past stories about subprime mortgages and whether or not rising interest rates will sink real estate even lower, is there a way to bring the market back? Commentator John Vogel has a plan.
Posted In: Housing

Falklands has prospered after war

Kai Ryssdal | Jun 14, 2007
The war between Britain and Argentina over the Falkland Islands ended 25 years ago today. We talked with some people there about the economic growth the islands have enjoyed in the ensuing years.