Mid-day Update - Most Recent

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Are young Americans retreating from the open road?

Apr 19, 2012
Another casualty of the poor economy in recent years? The 16-year-old behind the wheel.
Posted In: cars, teenagers

PODCAST: Warren Buffett stays in the game, Citigroup shareholders speak their mind

Apr 18, 2012
Citigroup's shareholders have said 'no way' to a hefty pay package for senior executives, including a $15 million dollar salary for Citigroup's CEO. The White House is threatening to veto a transportation bill in House after legislators tacked on an approval for the controversial Kestone XL oil pipeline, even though the company building the pipeline says it's secured almost all the land it needs to begin construction of a shortened line from Oklahoma to the Gulf Coast. And Hulu joins online rival Netflix in producing original web-only content, and looking for new advertising revenue.

LVMH sales bump up 25 percent

Apr 18, 2012
The luxury brand responsible for Louis Vuitton and Dom Perignon saw its sales grow 25 percent in the first quarter of the year. But it turns out, it isn't all because of those upscale products.
Posted In: LVMH, luxury, high-end retail, Sephora

PODCAST: Obama cracks down on manipulation, Coca-Cola sells more bottles

Apr 17, 2012
You have until midnight tonight to file your taxes with the IRS. And if you're thinking about deducting a phony business lunch or padding your mileage -- you're not alone. Speaking of the IRS, it wants to require U.S. banks to report the interest payments they make to wealthy foreigners. That's creating some trouble down on the Mexican border where banks are worried about losing customers. Yesterday, Argentina announced plans to take back its oil industry from a Spanish company. And the disease known as "citrus greening" that has ravaged orange and other crops in Florida for the past seven years has been spotted in California.

Dark meat chicken returns

Apr 17, 2012
According to a new report in the Wall Street Journal, dark meat chicken is once again rising in popularity compared to its lighter counterparts.
Posted In: Food, chicken

PODCAST: Home and garden sales up, China lets in the markets

Apr 16, 2012
Tax procrastinators can breathe easy as this year's deadline is tomorrow, April 17th. But many people across the country should be expecting a smaller refund than usual this time around. 'The Hunger Games' tops the box office for the fourth week in a row, but can it really be the next 'Avatar?' Oracle and Google face-off today in Federal Court over claims that Google's Android system is infringing on patent and copyrights on Oracle's technology.

OpenTable facing competition from the Food Network

Apr 16, 2012
OpenTable is about to get some competition from the Food Network, in the form of their new site called CityEats.
Posted In: restaurants, Food, website, Food Network

PODCAST: GDP growth slips in China, political ads added to public radio

Apr 13, 2012
The last three months in China were the worst for the country's economic growth since early 2009 -- so what's going wrong? In St. Louis, the Stand Your Ground Law is coming under the spotlight, as the National Rifle Association holds its annual convention. We talk to L.A. Times consumer columnist David Lazarus about what to do when you are caught in an emergency at work. And where in the world should a savvy investor be looking to put their money this year?

Business booming for those who fortify homes

Apr 13, 2012
We hear a lot about the strain on the housing market -- but what about the barriers we put up to protect our homes?
Posted In: Housing, security

PODCAST: Inflation could be slowing, natural gas prices hit new low

Apr 12, 2012
New Orleans is gearing up for its annual Jazz Fest at the end of the month, but it turns out the Crescent City has a little work to do when it comes to the business side of things. Google has been doing a lot of spending lately, but is it also bringing in money from its bread-and-butter business -- those ads it sells next to search results? Elsewhere in the tech world, the Department of Justice is accusing Apple and five publishers fixing prices for electronic books, or e-books.

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How S&P's downgrade of U.S. debt will impact our economic recovery and the global economy.