Features By Dan Grech

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Mining company doesn't dig takeover

About 18 months ago Australian mining giant BHP Billiton decided it was a good time to get bigger. It launched a hostile bid for its smaller British rival Rio Tinto -- a $200 billion deal. But today BHP walked away. Dan Grech reports.
Posted In: Mergers and Acquisitions
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Report makes case against unions

A U.S. Chamber of Commerce report being released today wants to accentuate that things are worse in union states. Dan Grech reports this pre-empts an Obama administration that's likely to be sympathetic to unions.
Posted In: Jobs
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Jobs lost, but Florida's still cruising

Despite losing more jobs than any other state in the country, Florida's tourism industry is still thriving. Dan Grech reports why people looking for a tropical experience or a cruise can still find it here.
Posted In: Jobs
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Gold coins are popular again

In poor economic times, gold coins have been considered a stronghold investment. Lately, they're so popular the U.S. Mint can't supply people fast enough. Dan Grech reports on the coin's increased demand.
Posted In: Investing
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U.S. crisis devastates Mexican towns

The U.S. economic crisis means it's harder for Mexican migrants to find work, and that means there's less money sent home to families. Dan Grech visits a small town in central Mexico to see how it's faring.
Posted In: Economy, Immigration, Mexico
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Automakers' troubles hit hard in Mexico

The town of Saltillo, Mexico was nicknamed "Little Detroit" for its bustling car manufacturing industry. But declining auto sales have taken their toll on the town's related businesses. Dan Grech reports.
Posted In: Auto, Mexico
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U.S. financial crisis spreads to Mexico

In Mexico, the peso has plunged, unemployment is rising and foreign investors started pulling money out last month -- all fallout from the economic crisis in the U.S. Dan Grech reports from Mexico.
Posted In: Economy, Mexico
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Leverage can be a dangerous thing

Some immediate causes of this morning's fallen Dow: word of negative economic growth in Britain and profit warnings from big companies. But Dan Grech explains the role of what some call "forced selling."
Posted In: Wall Street
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A plan to keep homeowners at home

FDIC chair Sheila Bair is speaking to the Senate Banking Committee today on a plan to encourage banks to keep troubled homeowners in their homes. But Dan Grech reports why renegotiating mortgage terms is difficult.
Posted In: Housing
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Argentina nationalizing pension system

Argentina's government announced it will nationalize the country's private pension system, which works somewhat like 401K accounts in the U.S. Dan Grech reports the move is to combat mounting debts.

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