Mid-day Update - Most Commented

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PODCAST: Leveling the regional playing field, cutting deals with Chinese companies

May 21, 2012
Gas prices continue to soar in the U.S., but Americans haven't yet flocked to alternative fuels like natural gas in a big way. Billionaire investor T. Boone Pickens expected us to -- but after being one of the industry's biggest supporters, he's now backed out of natural gas stocks all together. In New York last night, tens of thousands of orthodox Jews gathered at Citi Field to discuss the pros and cons of using the Internet. And America's second largest movie theater chain, AMC, has been bought by one of China's largest real estate developers, creating the world's largest cinema chain.

Summer blockbusters: Separating winners from losers

May 21, 2012
This past weekend, "Battleship" failed to meet expectations while" The Avengers" managed to keep raking in the cash.
Posted In: movies, hollywood, The Avengers

PODCAST: The Facebook IPO arrives

May 18, 2012
Happy Facebook IPO Day! The company priced its IPO yesterday at $38 a share, for a market valuation of $104 billion. But just exactly how is Facebook going to live up to that market cap? On the table at the House of Representatives are big budget cuts for the military; one of the casualties of defense budget cutting is the $45 million Technology Innovation Program. The U.S. Commerce Department has announced steep tariffs on solar panels from China. And this year, the cost of going to prom is a bit higher than usual.

PODCAST: Walmart profits up, Dish Network at odds with TV execs

May 17, 2012
Shareholders of Chesapeake Energy are asking a judge to delay the company's annual meeting so they can get more information about their CEO's compensation and his personal financial interest in drilling natural gas wells. Chicago is getting ready for all the world leaders who will be in town for the big NATO meeting that starts today -- and for the busloads of people who will be coming into town to protest. What is a joint venture, and why is it worthwhile for companies? And Los Angeles sports fans -- and the Staples Center -- are flying high as three of the city's pro teams are in the playoffs.

Dish Network clashes with TV execs

May 17, 2012
The best laid advertising plans could be thwarted by a new service from Dish Network -- the satellite TV operator -- that lets users skip commercials all together.
Posted In: dish network, tv, advertising

PODCAST: Facebook helping California, construction helping housing

May 16, 2012
There are new concerns this morning of a banking crisis in Greece, after the country's political parties failed to come together and form a coalition government. This week's Facebook IPO could mean big things for the California state budget. And in Atlanta this morning, the world's busiest airport welcomes its first passengers to a brand-new, $1.4 billion international terminal.

GM pulls out of Facebook advertising

May 16, 2012
Just days before Facebook stock trades publicly for the first time, General Motors is giving no official reason for the decision but published reports suggest the ads aren't having the impact GM hoped.
Posted In: Facebook, General Motors

PODCAST: Chipotle, JPMorgan and Europe -- hits and misses

May 15, 2012
Chipotle Mexican Grill opens a new location every few days, and has seen several quarters of growth while other chains falter. We talk to Steve Ells, CEO, about his company's recipe for success (hint: lots of guac). With shares of Facebook about to go on the market after months of anticipation, how much of a chance does the average shareholder even have of scooping some up? JPMorgan Chase CEO Jamie Dimon will face shareholders at the bank's annual meeting today in Tampa, and Europeans will face the possible shift away from austerity as Francois Hollande is sworn in as president.

Where we can find 0% unemployment in the U.S.

May 15, 2012
While the overall unemployment rate in the country exceeds 8 percent, some graduates in the right fields face an almost certain change of a job.
Posted In: Jobs, Education, college, Unemployment

PODCAST: Greece could exit eurozone soon, Yahoo CEO resigns

May 14, 2012
Turmoil in Europe continues, as it begins to look more and more likely that Greece will soon exit the eurozone. Yahoo CEO Scott Thompson resigned over the weekend, bringing yet another leadership change to the embattled tech company. New York City launches a bikeshare program sponsored by Citibank, which could prove to be profitable for both the bank and the city. JPMorgan executives face shareholders tomorrow in its annual meeting, the week after its announcement of a $2 billion loss. And endangered California condors are presenting special concern for wind farms.

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