Latest Stories

Latest Stories


Black Monday fallout

Miranda Kennedy | May 23, 2006
Miranda Kennedy reports on the mood of Indian and foreign investors one day after India's "Black Monday" stock sell-off.
Posted In: Canada

Emerging markets selloff

Scott Jagow | May 23, 2006
Markets around the world tanked Monday. Host Scott Jagow talks to Financial Times investment editor Phillip Coggan about why investors are pulling out of emerging markets.
Posted In: Canada, Economy, Wall Street

The business of amusement

Alex Cohen | May 23, 2006
Alex Cohen looks at the challenges ahead for Cedar Fair, the company that purchased CBS' amusement park division yesterday.

Big day for Bertelsmann

Alisa Roth | May 23, 2006
Today a minority stakeholder could formally request an initial public offering of media conglomerate Bertelsmann. Or the family-owned company could decide to buy out the 25% ownership instead. Alisa Roth gives us the pros and cons.
Posted In: Wall Street

FTC: No gas market manipulation

| May 22, 2006
The Federal Trade Commission says it found some cases of gas price gouging after Hurricane Katrina, but no broad market manipulation by oil companies. It blamed "regional or local market trends" for high prices.
Posted In: Washington

NYSE makes Euronext offer

Bob Moon | May 22, 2006
The New York Stock Exchange has offered to buy European exchange operator Euronext for $10 billion. It's seeking to beat rival Nasdaq in the race to become the first transatlantic stock market. Bob Moon reports.
Posted In: Canada, Wall Street

Wal-Mart fails in South Korea

Tess Vigeland | May 22, 2006
Wal-Mart has announced it's selling its South Korean retail business for $882 million. Tess Vigeland looks at why the big box store is pulling out of the country.
Posted In: Canada

No 'path to citizenship' for professionals

| May 22, 2006
Congress is working on immigrantion reform, but commentator and Russian-born attorney Ilya Shapiro says even if current versions of the legislation pass, they won't help him become an American citizen.

An end to commissions on Wall Street?

Amy Scott | May 22, 2006
A major Wall Street brokerage house is expected to announce a settlement this week in a class-action suit that claims stockbrokers should get paid overtime. It's a fight that could transform the whole profession. Amy Scott reports.
Posted In: Wall Street

Cold, hard cash tied to congressman

Scott Tong | May 22, 2006
FBI officials say they've caught Louisiana Rep. William Jefferson on tape accepting a $100,000 bribe. Agents later found the cash hidden in his freezer. Scott Tong reports.
Posted In: Washington