Rupert Murdoch is reportedly offering to make an old-fashioned swap. He'll give away MySpace for a 25 percent stake in Yahoo. It's about making moolah, says Dan Sabbagh who broke the story for the also News Corp-owned Times of London.
The battles between the Palestinian Fatah and Hamas political parties in Gaza has devastated the economy of the region. We talked with Yousef Douad, professor of economics at Birzeit University, about the impacts on daily life.
There's no shortage of ideas on how to deal with ailing borrowers and lenders. Fed officials heard some of them at a hearing in Washington. But the central bank's being urged not to overreact. Bob Moon reports.
The State Department recently relaxed passport requirements for travel abroad so it could dig out of a mountain of applications. But the temporary fix isn't working. A lot of travelers are stuck and losing money. Bob Moon reports.
Uncertain investors are making some unusual moves these days as they look for places to put their money. Our senior business correspondent Bob Moon explains what's going on in the markets.
Some independent brokerage houses are seeing their business shrinking, which has some analysts predicting that they might be ripe for a takeover. Bob Moon reports.
Homeowners in high-risk wildfire areas in the West are facing sharply higher insurance premiums — and threats of policy cancellations. The industry says it's just being realistic. Watchdog groups say insurers are padding profits. Bob Moon reports.
The American Civil Liberties Union is suing a unit of Boeing Co., charging that it assisted the CIA in abducting suspect foreigners to overseas prisons where it says they were held and tortured. Bob Moon reports.
The Brazilian meat producer JBS is buying America's third-biggest processor, Swift & Co., for $225 million. If approved, the takeover will create the world's largest beef and pork processing company. Bob Moon reports.
