Business - Most Recent

Pages

Worth more than Facebook value

Oct 25, 2007
Microsoft paid $250 million for a small stake in Facebook, winning out over websites like Google. But while Facebook expects $150 million in revenue this year, Google projects the site's value at $15 billion. Renita Jablonski tells us why.

If Sox win, the furniture's free!

Oct 24, 2007
Last spring, a Boston furniture company offered to refund the purchase price of whatever people bought -- if the Red Sox won the World Series. Game 1 is tonight.
Posted In: Retail, Sports

Wildfire's phoenix: Jobs, construction

Oct 24, 2007
The latest official estimate on losses to the Southern California wildfires stands at $1 billion. And that's just in property damage. Still, the odd result in the long run may be an economic shot-in-the-arm. Bob Moon reports.
Posted In: Housing

A bad quarter for Merrill Lynch

Oct 24, 2007
Merrill Lynch turned in its first quarterly loss in six years, and the write-downs are a few billion dollars larger than expected. Jeremy Hobson reports big bets on mortgage-related securities are partially to blame.
Posted In: Wall Street

Working through a rough economy

Oct 24, 2007
While the U.S. economy struggles to maintain its composure after the mortgage crisis, some companies find they can use it to their benefit. Dan Grech looks at a fast-growing company on the other side of the debacle.
Posted In: Jobs

Today's market problems ring a bell

Oct 24, 2007
As Wall Street remembers the anniversary of Black Thursday, it's not difficult to see some similarities between today's market and the one from the Depression era. Alisa Roth looked into it.
Posted In: Wall Street

Once burned, twice shy?

Oct 23, 2007
The insurance bill from the Southern California wildfires could total into the billions of dollars. Will that change how we live? Kai Ryssdal asked Martin Grace, a professor of risk management, what he thinks.
Posted In: Housing

Countrywide tries changing bad to good

Oct 23, 2007
Countrywide Financial Corp. is promising to reach out to 82,000 of its borrowers and refinance or modify around $16 billion in home loans. Consumer advocates say it's about time. Bob Moon reports.
Posted In: Housing

Philly selling its market

Oct 23, 2007
Philadelphia's stock exchange, the oldest exchange in the U.S., is up for sale. Alisa Roth has more on who's interested in buying.
Posted In: Wall Street

Now is the time to make connections

Oct 23, 2007
If you're in the market for new web service, you may be privvy to some attractive prices. Bob Moon reports why the competition for new broadband subscribers is becoming more intense.
Posted In: Retail

Pages