Samsung CEO Lee Kun-Hee is a very powerful man in South Korea. So powerful that, although he has been indicted on tax evasion charges, he is not likely to face jail, if convicted. Jeremy Hobson reports.
The FAA is working on improving the way it deals with airline safety. One thing it's tackling is how to ensure airlines are complying with safety directives, while trying to avoid cancellation chaos. Ashley Milne-Tyte reports.
Merrill Lynch reported $6 billion new write-offs for the first quarter, and the brokerage says it will have to cut 4,000 jobs. Analyst Tanya Azarch talks about the bigger picture for investment and commercial banks.
Congress has put off a farm bill for two weeks, after it couldn't agree on how to pay its $280 billion price tag. Beyond the cost, there's the issue of subsidies leading to more political liability as food prices keep rising. Sam Eaton reports.
Oil prices have topped another record. U.S. crude was fetching well over $115 a barrel in London this morning. As Stephen Beard reports, speculation and uncertainty about supply lines have hedge funds placing bets.
Zimbabwe election results remain under wraps, but today a new twist in the troubled nation's saga: South African officials confirm a Chinese ship carrying arms has been cleared through South African customs. Gretchen Wilson reports.