Latest Stories

Latest Stories


Character-based loans grow in Kenya

Gretchen Wilson | May 16, 2007
Microlending is having a major impact in Kenya, sparking as many as 40,000 small businesses as its poorest residents take advantage of the new opportunity. And with reputations on the line, the payback rate is outstanding, Gretchen Wilson reports.
Posted In: Canada

Gas and food prices keep climbing

| May 15, 2007
The Energy Department says gas inventories are low and, despite high prices, demand just keeps rising. And food prices are going up as well. Pat Loeb reports.
Posted In: Economy, Retail

Harrah's considers Biloxi a good gamble

Steve Tripoli | May 15, 2007
Casino giant Harrah's announced it will team up with Jimmy Buffett on a $700 million casino and resort in Biloxi, Miss. It'll be the biggest investment in the state's Gulf Coast since Hurricane Katrina. Steve Tripoli reports.

Putting stock in China

Lisa Napoli | May 15, 2007
Nasdaq is reported to be talking with regulators in China about setting up shop in Beijing. And Amy Scott reports, that may be just the beginning.
Posted In: Investing, Wall Street

The deal's in the data

Lisa Napoli | May 15, 2007
The financial news giant Reuters has agreed to a merger with its Canadian rival Thomson. The price tag's a bit more than <nobr>$17 billion.</nobr> Lisa Napoli reports.
Posted In: Canada, Wall Street

India's newspapers are read all over

Miranda Kennedy | May 15, 2007
More than 300 big papers are read by almost 160 million people in India. And with people becoming more literate, the number and size of newspapers keeps growing. Miranda Kennedy reports.
Posted In: Jobs

There's a good side to subprime lending

| May 15, 2007
Subprime lenders are going bankrupt and Congress is holding hearings on predatory lending. But commentator and economist Susan Lee still thinks there's an upside to subprime.
Posted In: Housing

Hotel execs call for immigration reform

Kai Ryssdal | May 15, 2007
CEOs of six big hotel chains have written an open letter to Congress demanding action on immigration reform. One of them, Bill Marriott of Marriott International, spoke with Kai Ryssdal.
Posted In: Immigration, Washington

Kibbutzim drop socialism to survive

Shia Levitt | May 15, 2007
About a century after they were first formed on socialist ideals, at least half of Israel's kibbutzim are leaving collective econonomics behind. Shia Levitt reports.
Posted In: Economy

Business Historian Alfred Chandler, Jr.

Chris Farrell | May 15, 2007
In the history of business, B. C. stands for Before Chandler. The Harvard Business School professor transformed the study of Big Business in...