Latest Stories

Latest Stories


The battle over the Northwest passage

Steve McNally | Feb 8, 2006
The Northwest passage through the Canadian Arctic has long been a perilous route for shipping. But global warming is melting the Arctic ice, and the shortcut between Europe and Asia may become passable in summers. But who owns the lane? Canada says it's theirs; the US says it's an international waterway. Steve McNally reports on the big thaw and its consequences for US-Canadian relations.
Posted In: Canada

Capitalism, not corporate welfare

| Feb 8, 2006
The phrase "American competitiveness" is buzzing around after President Bush's State of the Union speech last week. What does the US need to do to remain competitive in the global economy? President Bush said plenty, but commentator Robert Reich sees contradictions between the content of his speech... and the content of his budget.
Posted In: Economy

Army green

Alex Cohen | Feb 8, 2006
Most people think that the term "green army" refers to the colors of a soldier's fatigues. Surely the US Army isn't interested in Eco-Friendly green. Not true. The Army's making a mission out of preserving the environment. As Alex Cohen reports from the Sustainability Desk, they get to save the planet and some money.

The new retirement

Tess Vigeland | Feb 8, 2006
The growing corporate trend of freezing and phasing out pension plans is putting the squeeze on many employees on the verge of retirement. Tess Vigeland reports.

Luggage tax

| Feb 8, 2006
Commentator Rudy Maxa warns air travelers that a European experiment in charging fees to check luggage could be headed for the United States.

Google Desktop?

Stacey Vanek Smith | Feb 8, 2006
Google's taken a shot at Microsoft's dominance of the software market with the search engine's announcement that it was working with Dell to offer Google-powered desktop software on new computers. Stacey Vanek-Smith has more.

Growth slows in consumer debt

Tess Vigeland | Feb 8, 2006
The rate of consumer borrowing last year grew at its lowest rate in 13 years, according to a newly released report from the Federal Reserve. Tess Vigeland takes a look at what's behind the numbers.
Posted In: Economy

India's commercial real estate boom

Miranda Kennedy | Feb 8, 2006
Investors are increasingly eyeing commercial real estate opportunities in India. Miranda Kennedy has more.

Toll Brothers grim?

Alisa Roth | Feb 8, 2006
The luxury homebuilder predicts orders for new homes will fall by almost 30% this quarter. With this and other glum real estate predictions recently, what's the outlook for home prices? Alisa Roth takes a look.
Posted In: Economy


Janet Babin | Feb 8, 2006
The online auction service has set its sights on Europe. But as Janet Babin reports, the Old World has some obstacles that might limit eBay's growth there.