New Yorkers have one-third the carbon footprint of the average American because most of them take the subway. That translates to a savings of $19 billion a year, most of which stays in the city. Andrea Bernstein reports.
The Metro North line between New York City and Stamford, Conn. has a bar car that allows Wall Street types to have a commuter happy hour. But the state legislature is nixing them in favor of more seats. Jill Barshay reports.
The town of Tusuyan, Ariz. only has about 500 people, but Italian developers spent over $300,000 to influence a local election. The real reason: the town is situated a mile from the Grand Canyon. Claudine LoMonaco reports.
The volcanic ash that's wreaking havoc in Europe is having an economic impact in the U.S. Companies are reporting inventory levels falling to dangerously low levels as supplies sit in European airports. Mitchell Hartman reports.
Ash from an Icelandic volcano eruption has made it too dangerous for planes to fly. Britain shut down its airspace for the first time in its history and several other European nations followed suit. Stephen Beard reports.
The Peninsula Hotel had its grand opening in Shanghai after its parent company was forced to take a 60-year hiatus. Scott Tong tells the story of the hotel's hey days in the 20s and 30s and how it's making its comeback now.