Latest from Janet Babin

• Mar 18, 2008

  A dose of realism over the economy

  To this point, the Bush Administration has stayed away from the word "recession." But they are slowly starting to admit the problem. Janet Babin reports backing away from cheerleading could put more options on the table.

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• Mar 18, 2008

  Once-mighty Bear killed by subprimes

  Once one of the top investment banks on Wall Street, Bear Stearns was offered a mere $2 a share in a bailout deal offered by JP Morgan. Janet Babin reports on how the subprime crisis may have triggered the bank's dramatic fall.

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• Mar 17, 2008

  Bear Stearns takeover hits workers

  Bear Stearns' employees were told Monday morning that they had become employees of JP Morgan, and that their company stock was now only worth $2 a share. Janet Babin reports their other prospects may not be promising either.

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• Feb 21, 2008

  What’s behind new cell-phone plans?

  Verizon, AT&T and T-Mobile say they'll offer unlimited-use cell phone plans at around $100. Some of the plans even include text messaging and Internet access. Janet Babin reports on the flat-rate trend.

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• Feb 18, 2008

  Way too few sharks in the pond

  Studies now show that sharks are not only endangered, but vulnerable to extinction. Janet Babin reports many countries still allow commercial shark fishing, and recreational shark fishing is still legal in the U.S.

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• Feb 15, 2008

  New media ads for old media firms

  Four of the top media firms in the country are uniting behind an online ad company that reaches one-fifth of the U.S. population. Janet Babin reports on the publishers' stuggle to compete with new media.

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• Feb 13, 2008

  Foreclosure rates up and rising

  A report lists high unemployment and the busted housing bubble as causes for the rise in foreclosures last year. Janet Babin reports the number of foreclosures is expected to affect the economy into 2009.

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• Feb 12, 2008

  A bright spot amidst GM’s losses

  While General Motors lost more money in 2007 than any car company in any year, it made a substantial gain to its core automotive business. Janet Babin reports the bright spot could be due to the company's turnaround plan.

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• Feb 9, 2008

  Oh, Canada!

  While the U.S. struggles with a slowing economy, Canada's unemployment rate is the lowest it's been in decades. Rich in commodities, the country has reaped the benefits of increased global demand. But will isolation from economic downturn last forever? Janet Babin reports.

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• Jan 31, 2008

  Man-made attempts at saving wildlife

  With warming polar regions endangering habitats for polar bears and penguins, scientists and others are experimenting with ways to protect the animals from extinction. Janet Babin reports.

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