Yesterday, Fitch Ratings lowered General Motors' credit rating deeper into junk status. That sent GM's stock to a 13-year low. Then GM had another bit of bad new for investors. From WLRN in Miami, Dan Grech reports.
One area of the federal budget that Congress is currently considering cutting is farm subsidies. Sam Eaton looks at one group of farmers who fear they might go out of business if the subsidies are axed.
The bankrupt air carrier is expected to post a third quarter loss today while it continues to squabble with its pilots over salary and benefit cuts it says are necessary to make the company solvent. Bob Moon reports.
A delegation of film producers from India is talking about curbing piracy of US films and broadening access to Indian markets for US content. But as Miranda Kennedy reports, they're asking for something in return.
Congressman Barney Frank will unveil legislation today requiring greater disclosure of executive compensation to shareholders, aimed at curbing so-called "runaway" salaries and bonuses for top execs. John Dimsdale reports.
Having lost the battle to pass his government reform agenda, Gov. Schwarzenegger moves on to a new fight: his own re-election next year. Does he still have the pull to bankroll his campaign? Jeff Tyler reports.