The average household may be cutting back, but the ultra rich are still spending, and Prestige Magazine is still printing glossies for them. But some advertisers wonder how it can maintain prestige when it's free. Sally Herships reports.
Stress test results are in, and some banks are doing better than others. While American Express is ready to pay back its TARP funds, Bank of America needs to come up with nearly $34 billion of capital. Tamara Keith reports.
There is lots of talk about what should happen now that the stress test results are out. Commentator Dean Baker says one thing we should consider is letting some of the big banks fail.
The Obama budget team has identified 121 line items they say don't work. But one person's failed idea or unnecessary expense is someone else's vital program, and the proposed $17 billion in cuts will likely face opposition. Tamara Keith reports.
Live Nation is still waiting to find out if regulators will approve its proposed merger with Ticketmaster. If the deal goes through, it could mean taking advantage of bigger shares from artists.
Joel Rose reports.
Chicken enthusiasts are fighting for their right to keep the birds in backyard coops in many big cities where the practice is illegal. Joel Rose explores the issue and visits with urban chicken owners in Philadelphia.
The results of the bank stress tests will officially be made public today, but with the news leaking out over the last several days, many of us already know the score. The goal now is a plan for action. Tamara Keith reports.
InBev paid $52 billion for Anheuser-Busch. But that kind of debt is weighing the company down, so funding for TV commercials during sports events is being slashed. Adam Allington reports.
Henry Hagedoorn, general manager of Borough Chrysler Jeep in Wayne, N.J., talks with Kai Ryssdal about what's going on with Chrysler at the dealer level as the automaker seeks to eliminate hundreds of its dealerships.
