In the past, Borders partnered with Amazon for online sales. Today, they've set out on their own, offering direct sales via a new website. Ashley Milne-Tyte takes a look.
OK, so you made a few bad decisions and now you're stuck with a debt you're can't quite climb out of yet. That doesn't mean debt collectors can call you at bedtime. Ashley Milne-Tyte tells us how to fight back.
To get the subprime mess off its books, the Swiss bank UBS is selling $15.5 billion-worth of mortgage-backed securities to private investment firm BlackRock. And it's lending BlackRock $11 billion to do it. Ashley Milne-Tyte reports.
A computer glitch at the Moody's credit-rating service reportedly gave a complicated kind of mortgage-backed security the coveted AAA rating when it should have been rated much lower. And Moody's kept it there for a year. Ashley Milne-Tyte reports.
When it comes to buyers' decision-making process, the Web may still take a backseat to good old-fashioned human interaction. Ashley Milne-Tyte looks into a report that says the Web may not be crucial for all shopping.
Responding to pressure to trim down its operations, GE plans to auction off the appliance sector of its business, which only netted 4 percent of revenue last year. Ashley Milne-Tyte reports the brand has lost some market clout.
Teens face tough competition for sales and other jobs again this summer. Congress might lend a hand if it passes a bill to pump a billion dollars into summer job programs. Ashley Milne-Tyte reports from New York.
JPMorgan CEO Jamie Dimon says he's only going to keep about 40% of the current Bear Stearns staff on the payroll. That decision is going to make an already tough job market on Wall Street even more difficult. Ashley Milne-Tyte reports.
Although the cost of feed is soaring, the cost of chicken has barely budged this year. Ashley Milne-Tyte reports that chicken producers would love to raise their prices like everyone else, but are held back by retailers.