Latest Stories

Latest Stories


'I am sunlight, not moonlight'

| Aug 16, 2007
Meet a woman who's trying to get Cambodia a piece of the action in the international silk trade. The silk empire she's stitched together is the biggest employer in her province. Rachel Louise Snyder reports.
Posted In: Canada, Jobs

The Politics of the Housing Market

Chris Farrell | Aug 16, 2007
Mike Mandel of Business Week has a good post on the political imoplications of the housing market bust:...

Do workers lose in private buyouts?

John Dimsdale | Aug 16, 2007
The explosion of recent corporate takeovers by private investors has attracted the attention of labor unions. Yesterday, one union leader launched an effort to rein in private equity's growing influence. John Dimsdale reports.
Posted In: Jobs

World markets continue to sink

| Aug 16, 2007
Doing the numbers is starting to get downright gloomy. Markets in Asia and Europe are dropping by 2 and 3 percent after yesterday's Wall Street plunge on continuing subprime concerns. This time mortgage lender Countrywide was the biggest troublemaker.
Posted In: Canada, Economy, Wall Street

Subprime mess good for something

Ashley Milne-Tyte | Aug 16, 2007
European banks tied into subprime debt are now rushing to buy U.S. dollars to pay back those loans, which is raising the value of the flailing currency. But Ashley Milne-Tyte reports it may just be a short-term fix.
Posted In: Economy

More hourly rentals on the block

| Aug 16, 2007
A few small car-sharing services have been offering autoless city dwellers the option of renting by the hour for years. Now some of the big traditional car rental companies want a share of that market. Lisa Gray reports.
Posted In: Auto, New York

Defending the gas guzzler

Sam Eaton | Aug 16, 2007
Lobbying by U.S. automakers failed to slow a Senate proposal that would drastically increase fuel economy standards, so GM, Ford and Chrysler are holding a rally today to plea for popular support. Critics are calling it a scare tactic, Sam Eaton reports.
Posted In: Auto

Knockoff diabetes tests? Yep, China

Scott Jagow and Scott Tong | Aug 16, 2007
Last year Johnson & Johnson discovered counterfeit strips used to test blood glucose levels were being sold under its label. Looks like we can add those to the long list of fake products originating in China. Scott Tong has more.
Posted In: Canada, Crime, Health

Selling Elvis here, there... anywhere

| Aug 16, 2007
Elvis T-shirts, an Elvis-edition Harley, Elvis Reese's Cups, ticket sales at Graceland... the licensing money for all that memorabilia really adds up. But the folks in charge of his estate have big plans that could triple the take. Wren Elhai reports.
Posted In: Entertainment

Who else to give credit for subprime?

Stephen Beard | Aug 16, 2007
The European Commission is investigating credit-rating agencies on claims that they failed to warn investors about subprime risks. And there are other worries, too. Stephen Beard reports.
Posted In: Canada, Economy