Irish educational software maker Riverdeep has agreed to buy textbook publisher Houghton Mifflin. Could be a smart move as the industry shifts to electronic publishing, Alisa Roth reports.
Officials in Ecuador say that left-leaning Rafael Correa has won the Presidency. He's promising all kinds of economic reforms that are making U.S. investors nervous. Alisa Roth reports.
As 75,000 autoworkers face the midnight deadline to decide whether they'll accept buyout deals or stick it out with the company, Ford said today it needs about $18 billion to fund its restructuring. Alisa Roth reports.
Treasury Secretary Henry Paulson gave his first major speech today. He said the U.S. needs to loosen regulatory rules to stay competitive in the world market, but not everyone agrees. Alisa Roth reports.
It's official: Clear Channel has agreed to a buyout offer from two private equity firms. The broadcast giant also says it'll sell its TV channels and a third of its radio stations, but don't expect a big difference on your dial, Alisa Roth reports.