Lots of stores offered deep discounts on merchandise to lure shoppers this holiday season. But who will pay the price for those door-busting sales — retailers or the companies who made the merchandise? Janet Babin reports.
Dow Chemical was set on a joint venture with a state-owned Kuwaiti company. But after the deal fell through, so did the company's shares. As Janet Babin reports, without a merger, another Dow Chemical deal may be at risk.
When food producers wanted to experiment with new flavors, they used to gravitate towards the kitchen. Today, the flavor market can be born faster in the lab. Janet Babin shows us how it's done.
Tech companies feeling the effects of the recession are forcing employees to stay home for the holidays. Janet Babin reports on the forced furloughs some companies are making their white collar workers take.
Today, the Federal Reserve is expected to approve credit card reforms that will end universal penalty hikes if you're late on one card. But Janet Babin reports we may have to wait awhile until we see them.
The Federal Deposit Insurance Corporation will likely tackle bank assessment fees when it meets today. It may have to double those fees in order to keep up the amount it needs to maintain in reserves by law. Janet Babin reports.
Demand for video games has stayed strong through a tumultuous economy, with new consoles selling at record high numbers. But many game makers are still laying off workers and closing studios. Janet Babin reports.
In the latest installment of the bailout, the Federal Reserve plans to target consumer loans and mortgage-related debt with an $800 billion infusion. It's an effort to get money flowing again in the secondary market that invests in those loans.
With its stock having lost more than a quarter of its value on Thursday, Citigroup looks like it could be in talks for a merger or sale. The company's board reportedly will meet today. Janet Babin has the story.
