Latest Stories

Latest Stories


Enron trial heats up

Alisa Roth | Mar 6, 2006
It's been largely a bore so far, but the Enron trial is likely to get a lot more interesting this week, with expected testimony from ex-CFO Andrew Fastow on alleged accounting shenanigans at the collapsed energy giant. Alisa Roth reports.

Heating assistance

Scott Tong | Mar 6, 2006
The Senate could take up a bill as early as today to allocate $1 billion in federal funds to home heating assistance for the poor. As Scott Tong reports, utilities are lobbying hard for passage.
Posted In: Economy

Bellwether Vioxx trial

Helen Palmer | Mar 6, 2006
Opening arguments are scheduled today in the case of two men who each took Vioxx for more than two years and claim they suffered a heart attack as a result. Helen Palmer reports that the outcome of this trial could well determine the viability of other liability cases against the drug's maker, Merck.
Posted In: Health

Federal telecommuting

Hilary Wicai | Mar 6, 2006
Four out of ten federal workers telecommute at least one day a week. As Hillary Wicai reports, it's part of efforts to make the federal workforce more flexible and more secure.
Posted In: Economy

Forbidden City makeover

Jocelyn Ford | Mar 6, 2006
Philanthropist and former AIG board member Houghton Freeman pledges $5 million to spruce up a crumbling imperial garden inside the former palace and, in the process, further American understanding about China. Jocelyn Ford reports.
Posted In: Canada

Linde's buyout of BOC

Stephen Beard | Mar 6, 2006
A takeover unveiled in Europe today will create the world's biggest supplier of industrial gases, such as hydrogen and oxygen. The Linde Group of Germany, is buying its British Rival BOC for more than $14 billion. From London, Stephen Beard reports.

China tends to its rural poor

Ruth Kirchner | Mar 6, 2006
China's Parliament kicked off its annual session yesterday. The hot topic: The rural poor. More than half of all Chinese people still live in the countryside, and they've been largely left behind by China's economic boom. Some have taken to the streets recently, and it appears the higher-ups have heard them. Premier Wen Jiabao outlined the plan to pump billions into rural areas to improve the living standards of its impoverished farmers. From Beijing, Ruth Kirchner reports.
Posted In: Economy

AT&T buys BellSouth

| Mar 6, 2006
AT&T says it's buying BellSouth for $67 billion in stock. The deal creates the biggest telecom company in the country, offering local and long distance service, wireless, and cable and Internet access. AT&ampT says the deal will save the company $2 billion a year, due in part to thousands of job cuts. Now the question is, will the new company pass along any of that money to folks like you and me? Analyst Jeff Kagan thinks so.

Look Ahead for March 3, 2006

| Mar 3, 2006
What you need to know today about improving your mutual fund.

The "Straight Story" with Chris Farrell: The Risk Factor

| Mar 3, 2006
It's time once again for economics editor Chris Farrell to help you sort out what's smart, what's stupid and what's the "Straight Story." This week, President Bush visits India. Chris says investors should take notice.
Posted In: Economy, Jobs