PetroChina's IPO turned into a gusher today, making it the first company in the history of the world worth more than $1 trillion. But some analysts say the oil giant's market valuation is artifically high. Bob Moon reports.
Before Hollywood knew the power of DVD and Internet sales, writers took a cut of residuals that today they want doubled. Variety's Michael Speier discusses more motives of a potential writers' strike with Bob Moon.
New York Attorney General Andrew Cuomo is charging Washington Mutual and a major real-estate appraisal firm with inflating home values nationwide. Bob Moon reports Marketplace looked into this — over two years ago.
As far is the nation's biggest retailer is concerned, the holiday shopping season has arrived. Wal-Mart is going to be offering some hot discounts this Friday to get Christmas shopping started early. What about waiting until the day after Thanksgiving? Bob Moon reports.
The latest official estimate on losses to the Southern California wildfires stands at $1 billion. And that's just in property damage. Still, the odd result in the long run may be an economic shot-in-the-arm. Bob Moon reports.
Countrywide Financial Corp. is promising to reach out to 82,000 of its borrowers and refinance or modify around $16 billion in home loans. Consumer advocates say it's about time. Bob Moon reports.
If you're in the market for new web service, you may be privvy to some attractive prices. Bob Moon reports why the competition for new broadband subscribers is becoming more intense.
For the first time since the credit crisis began, the Dow Jones Industrial Average surged past the 14,000-point mark to a new closing high. Bob Moon talked with market strategist Art Hogan about what the stock market is thinking.
The first nationwide strike against General Motors in 37 years came and went during the past week. Bob Moon looks back and reports on the effectiveness of strikes in this era of labor relations.
When it comes to file sharing and illegal downloads, it's the big music labels that complain the loudest about being ripped off. Bob Moon reports on some ideas that might help the recording industry face the musical future.