Latest Stories

Latest Stories


What fed the subprime lending spree?

Steve Tripoli | Mar 13, 2007
Some experts are pointing to a securitization equation: No consequences for loan originators + investors bundling risky loans = a menu ripe for subprime abuse.
Posted In: Housing

Mexico in the middle

Dan Grech | Mar 13, 2007
President Bush wraps up his Latin American tour in Mexico, where he hopes President Felipe Calderon will serve as the region's free market counterweight to socialist Hugo Chavez — but the scales may be tipping in the other direction.
Posted In: Canada, Mexico

Get ready to pay a news surcharge

Ashley Milne-Tyte | Mar 13, 2007
More consumers than ever are getting their news online, which means more consumers than ever have stopped contributing to the cost of news gathering. One possible solution to save the media: Follow the cable model.
Posted In: Science

Friends and fraud in Britain

Stephen Beard | Mar 13, 2007
A senior British official says he was told national security was at stake — and that influenced his decision to stop a fraud investigation which implicated the Saudi royal family, an important ally in the "war on terror."
Posted In: Canada

Risky hybrid business

Scott Jagow | Mar 13, 2007
Hybrid autos have found a loyal and growing niche, but the price of the technology isn't coming down fast enough to penetrate the mass market. So what does that mean for automakers preparing to push out a whole new crop of hybrids?
Posted In: Auto

Better homes and students

| Mar 13, 2007
The annual International Home and Housewares Show in Chicago isn't open to the public, but a few design students do get a chance to go — and to try to come up with the next must-have for beds, baths or beyond.

A case against open skies

Stephen Beard and Scott Jagow | Mar 13, 2007
British Airways and Virgin Atlantic have put aside their rivalry for the day. They're trying to convince Britain's Parliament not to sign off on the proposed open skies agreement with the U.S.
Posted In: Canada, Travel

Catching up on sick days

Hilary Wicai | Mar 13, 2007
The U.S. is the only economic powerhouse that doesn't guarantee its workers paid sick days. A bill to be introduced in Congress today would change that, but business groups are likely to lobby against it.
Posted In: Health, Jobs, Washington

Will New Century's fall make waves?

Hilary Wicai | Mar 12, 2007
Subprime lender New Century moved a step closer to bankruptcy as its lenders called in their loans. Track the falling dominos and it might push the whole economy lower, too. Hillary Wicai reports.

Accountants object to accountability law

Alisa Roth | Mar 12, 2007
A U.S. Chamber of Commerce commission today took aim at Sarbanes-Oxley, the corporate-governance law that businesses have learned to hate. They say it leaves auditors unfairly open to risk. Alisa Roth reports.
Posted In: Investing