As one of its new initiatives, GM says it will partner with eBay to auction cars online. Bill Radke talks to Laura DiDio with Information Technology Intelligence Corporation about whether people will actually buy cars on eBay.
Chinese authorities are holding an executive from the Anglo-Australian mining company Rio Tinto on charges of stealing state secrets over iron ore prices. Tamara Keith delves deeper into Rio Tinto's tumultuous relationship with China.
General Motors CEO Fritz Henderson says GM is back and working on several new initiatives, including a partnership with eBay. Stacey Vanek-Smith talks to Doug Foreman at Highmark Capital about whether GM is ready for a turn-around.
G8 leaders are discussing a new $20 billion plan for world food aid that would encourage agriculture over sending homegrown U.S. produce. The idea is to help farmers in poor countries become more productive. Stephen Beard reports.
President Obama makes his first visit today to sub-Saharan Africa, but chose Ghana as his priority country over several others with more prominent business prospects. Gretchen Wilson explores the motivation behind the president's choice.
In some ways, the government's cash for clunkers plan, which encourages people to trade in old cars for newer fuel-efficient ones, also serves as a sort of stimulus plan. Sally Herships explores how the plan contributes to different industries.
When the government bailed out the banks, they promised taxpayers a share in future profits. But a congressional oversight panel says taxpayers haven't seen significant profit. Bill Radke talks to professor Elizabeth Warren, head of the panel.
This week, the U.S. earmarked $1.5 billion in stimulus dollars to prevent homelessness. Stacey Vanek-Smith discusses the rise in homelessness with Jennifer Wolch, professor of city and regional planning at Berkeley.
AIG is due to pay about 40 senior managers delayed performance bonuses totaling $2.4 million. But this time around, the company has asked for the blessing of the Obama administration's new compensation czar. Dan Grech reports.
Auto parts-maker Delphi is trying to sell assets this week, and several firms and investors have shown interest. But the car parts business is slow right now as hardly anyone is making cars. Alisa Roth reports.