In the March issue of Bloomberg Markets magazine, David Dietz explains how New Markets Tax Credits -- part of a program created to help revitalize poor and struggling inner city neighborhoods -- is being used to build corporate developments. Dietz speaks with Steve Chiotakis about the implications of the misuse of the funds.
After a series of Toyota recalls, NASA -- that's right, the National Aeronautics and Space Administration -- is expected to publish its analysis of the so-called "runaway Toyotas" today. David Gura has more.
McDonald's Corp. this morning reported U.S. same-store sales grew 3.1 percent in January, compared to the year-ago period. The company attributes the increase to new products such as oatmeal and coffee. Juli Niemann, analyst at Smith Moore and Company, explains McDonald's success through creative marketing techniques.
The FCC is expected to vote today on a subsidy change involving phone and internet service in rural areas. Americans already pay a small fee on their phone bill for service to remote areas. Now, the FCC hopes to use that money to pay for high speed internet access in rural areas instead. David Gura reports.
Online coupon site Groupon has been criticized for its commercial that made light of the political controversy between China and Tibet, and drew criticism from Super Bowl viewers -- in the U.S., and now in China. Rob Schmitz reports on how this ad could hurt Groupon's chances of expanding to the world's biggest market.
High prices of iron ore and other raw materials have hurt the steel industry. But the world's largest steel maker is predicting a strong 2011. As Christopher Werth explains, growth in the steel industry could mean growth in the global economy.
As protests continue in Egypt, ratings agency Moody's is concerned the turmoil could spread to neighboring countries. Moody's downgraded Jordan's credit outlook to negative today. Alisa Roth reports on the country's upheaval from Amman, Jordan.