Latest Stories

Latest Stories


11th hour for Alcoa

Alisa Roth | May 31, 2006
Unionized workers at Alcoa have threatened to strike when their contract expires at midnight tonight, but a walkout may actually help the company's bottom line. Alisa Roth reports.

GM's executive shuffle

Tess Vigeland | May 31, 2006
The automaker announces it's bringing in the president of its successful Asian division to oversee its struggling North American operation. Tess Vigeland reports.

Bayou enters Chapter Eleven

Sarah Gardner | May 31, 2006
Bayou Management made headlines last fall when its founder and CFO came out of hiding and admitted he defrauded investors. Sarah Gardner reports on what the bankruptcy of the hedge fund means to the industry.
Posted In: Investing

Gas industry ready for hurricane season

Hilary Wicai | May 31, 2006
A report out yesterday says US gasoline imports should be able to make up for any supply disruptions that could arise from Gulf Coast hurricanes this year. Hillary Wicai reports.

European markets cheer Paulson?

Stephen Beard | May 31, 2006
After yesterday's losses, European shares regained their poise this morning, and it may have something to do with Henry Paulson's nomination to become US Treasury Secretary. From London, Stephen Beard reports.
Posted In: Canada

China ups its tobacco monopoly

Jocelyn Ford | May 31, 2006
Today is World No Tobacco Day but while smoking's on the decline in the US, China is still puffing away madly.That doesn't mean foreign tobacco companies are making a fortune there though. Jocelyn Ford reports.
Posted In: Canada

Safavian trial

Hilary Wicai | May 31, 2006
Two federal ethics officers are expected to testify today at the trial of former Bush administration executive David Safavian, who is charged with lying about his dealings with lobbyist Jack Abramoff. Hillary Wicai reports.
Posted In: Washington

From CEO to secretary . . . Why?

Kai Ryssdal | May 30, 2006
Why would Goldman Sachs CEO Henry Paulson leave the nation's most prestigious investment bank to replace John Snow as Treasury secretary? Fortune's Patty Sellers talks with host Kai Ryssdal about possible reasons.
Posted In: Wall Street, Washington

Supreme Court: Sorry, whistleblowers

John Dimsdale | May 30, 2006
In a 5-4 vote, the US Supreme Court ruled that government whistleblowers are not protected by free-speech rights when trying to expose possible misconduct at work. From Washington, John Dimsdale explains.
Posted In: Washington

Fight against AIDS continues

Helen Palmer | May 30, 2006
After 25 years the spread of AIDS seems to be slowing. But 40 million people are infected with HIV, and unprecedented resources are being spent to keep fighting it. Helen Palmer reports.
Posted In: Canada, Health