The latest European trend arriving in the U.S.: allowing shareholders to vote on executive pay packages. As Ashley Milne-Tyte reports, investors are eager to make themselves heard.
It can cost up to $200,000 a month to rent a decent summer place in the Hamptons on Long Island. With the American economy in a slump, those rentals might go empty this year, but for the foreign exchange rate. Ashly Milne-Tyte reports.
The price of rice is three times what it was a year ago, and that means tough choices for restaurants that serve rice. Ashley Milne-Tyte talks to restaurant owners, including one who owns four eateries named "Rice."
The FCC rule allowing media companies to own both a newspaper and one TV or radio station was overturned by a Senate committee today. Ashley Milne-Tyte asks if the decision affects Rupert Murdoch's bid for Newsday.
The nationwide average price for a gallon of gas is now $3.53, and there's not much doubt it's going to hit $4 soon enough. But the Energy Department says gasoline demand is actually lower than a year ago. So what's going on? Ashley Milne-Tyte reports.
Government approval of a Delta-Northwest airline merger is pending, but today Delta Airlines flight attendants begin voting on whether to unionize. Ashley Milne-Tyte looks at what affect, if any, a union could have on the merger.
Ohio-based National City bank, the nation's 10th largest, says it's going to be seeking $7 billion in new capital. It will be looking to private equity firms and hedge funds for help. Ashley Milne-Tyte explains how the mortgage crisis is moving to Main Street.
The FAA is working on improving the way it deals with airline safety. One thing it's tackling is how to ensure airlines are complying with safety directives, while trying to avoid cancellation chaos. Ashley Milne-Tyte reports.
Laid-off Bear Stearns workers will face a lot of competition for Wall Street jobs. The credit crisis fallout has already crowded the labor pool. Ashley Milne-Tyte reports they might have better luck abroad.
