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Why so bullish for Blackstone?

Aug 2, 2007
Questions about possible conflicts of interest involving stock analysts have surfaced again. Like how reliable are their recommendations, especially when they have vested ties to the stocks they're pushing? Bob Moon reports.
Posted In: Wall Street

Florida beginning to insure itself

Aug 1, 2007
Florida was already in the middle of its most intense hurricane season when Katrina hit. When private insurers backed away from the state's market, government-backed insurance stepped in. Dan Grech reports.
Posted In: Housing

Murdoch's empire grows

Aug 1, 2007
Media tycoon Rupert Murdoch has won his battle to buy Dow Jones. He'll pay $5.6 billion for the company that publishes The Wall Street Journal, and some say he'll let it keep its independence simply because it's smart business. Stephen Beard reports.
Posted In: Wall Street

Overseas sales help GM profits thrive

Jul 31, 2007
General Motors has had its third profitable quarter in a row, thanks largely to consumers overseas. Jill Barshay reports on who's buying these cars abroad.
Posted In: Auto, Canada, Wall Street

Legal fees grease News Corp deal

Jul 31, 2007
Bancroft family members unsure about the News Corp deal realized today that they'd be on the hook for legal fees if things fell through. Kai Ryssdal talks about the change of heart with Aline Van Duyn of the Financial Times.
Posted In: Wall Street

Waiting game for Murdoch

Jul 31, 2007
The Wall Street Journal's future could be determined today. The boards of both Dow Jones and Rupert Murdoch's News Corp plan to meet and a deal could be approved, but it all hinges on a few Bancroft family members. WSJ reporter Sarah Ellison explains.
Posted In: Wall Street

A question of healthy competition

Jul 31, 2007
The FTC today kicks off a two-day hearing on whether Whole Foods' pending buyout of rival organic retailer Wild Oats constitutes a monopoly. And industry watchers are divided on this one, Stacey Vanek-Smith reports.
Posted In: Retail

Recession on the horizon?

Jul 31, 2007
As credit tightens in the wake of the subprime lending crisis, some analysts warn that it could impact lending in other areas. And that's one more risk factor on the recession pile. Steve Tripoli reports.
Posted In: Economy, Housing

Credit market ills go beyond subprime

Jul 30, 2007
American Home Mortgage was the latest victim of a smarting subprime mortgage market. And as Amy Scott reports, the company doesn't even make subprime loans.
Posted In: Housing

Printers concerned over Adobe deal

Jul 30, 2007
Adobe's partnership with FedEx Kinko's will allow users to send their documents directly to FedEx Kinko's for printing and delivery. Some in the printing industry are worried about the deal. Jeremy Hobson reports.
Posted In: Retail

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