Latest Stories

Latest Stories


Fee hike threatens Alaskan travel

| Jun 6, 2007
In Alaska, air taxis are more common than ground taxis. Small planes are integral to the transportation system, carrying everything from commuters to pizza to emergency medical care. But an FAA fuel tax hike could ground many of them, reports Weld Royal.
Posted In: Taxes, Travel

OPEC math: More biofuel = higher oil prices

Scott Jagow | Jun 6, 2007
The oil-producing countries of OPEC seem to be getting anxious over all this talk about developing biofuels. The cartel says if the U.S. and Europe continue to push in that direction, it could drive oil prices "through the roof."
Posted In: Canada

FTC not Wild about Whole merger thing

Ashley Milne-Tyte | Jun 6, 2007
A potential merger of the two top "natural" foods chains triggers anti-trust concerns, but they argue that traditional supermarkets are offering the same organic options. Ashley Milne-Tyte reports.

Homebuilders storm the Hill

Steve Henn | Jun 6, 2007
After enjoying years of unbridled growth, many homebuilders say they're now sinking along with the subprime lending market. So 1,300 of them are in Washington today to ask for help, and they have some unlikely allies, Steve Henn reports.
Posted In: Housing, Washington

Avandia's fight for survival

Helen Palmer | Jun 6, 2007
Congress holds a hearing today on the safety of diabetes drug Avandia. GlaxoSmithKline is mounting an aggressive defense for its No. 2 seller. With sales already plummeting, there's a lot of cash on the line. Helen Palmer reports
Posted In: Health, Washington

China's new recipe for safety

Scott Tong | Jun 6, 2007
Following several domestic and international scandals surrounding the safety of China's food and drug products, the Chinese government has announced a far-reaching plan for improvement. Scott Tong has details.
Posted In: Canada

Private equity's rising debt gets Fed's attention

Amy Scott | Jun 5, 2007
Fed chief Ben Bernanke said today he's still worried about inflation. Something else the Fed is keeping its eye on is the debt that some private equity firms are amassing in their recent buying binge. Amy Scott reports.

Weak housing market hits home goods

| Jun 5, 2007
Retailer Bed, Bath and Beyond saw shares fall 5.4% today on news that first-quarter earnings would be below expectations. Some analysts are pointing the finger at the weak housing market. Jeremy Hobson reports.
Posted In: Housing, Retail

Should airport workers go through the screener?

John Dimsdale | Jun 5, 2007
Congress is looking at ways to improve the screening of the 1 million people who work at the nation's airports — which isn't done already. And airlines and airports don't like the idea. John Dimsdale reports.
Posted In: Travel

Why so much Avandia in the first place?

| Jun 5, 2007
The diabetes drug Avandia has been linked by a study to heart attacks and deaths. Commentator Dr. Stefan Kertesz says, in addition to the drug itself, the system that led to it being so heavily prescribed should be examined.
Posted In: Health