A new investment bank opened in New York Thursday, a boutique firm catering to wealthy investors and companies. If it sparks a trader exodus, does the common investor go to the back of the line? Ethan Lindsey reports.
Wall Street's new found optimism turned out to be contagious. After yesterday's sharp rally in New York, European stock markets all opened higher this morning. From London, Stephen Beard reports.
Federal regulators report Fannie Mae's accounting missteps cost shareholders $11 billion, reviving efforts by lawmakers to rein in the mortgage lending giant. John Dimsdale reports.
It's has been a year since the puzzle game started to appear in US papers, and it's pretty much created its own business empire since. Nancy Farghalli has the story.
The AMA has changed the criteria for juvenile obesity, expanding the number of children deemed overweight. A report out today says the move largely benefits drug companies and humiliates kids. Janet Babin explains.
Daily Variety editor Stuart Levine and host Mark Austin Thomas discuss the unexpected popularity of Al Gore's global warming documentary, An Inconvenient Truth, and the unprecedented 7-day opening "weekend" for Superman.
Retailers are trying to boost Father's Day sales this year with marketing gimmicks that among things link dad's special day to Christmas. Charla Bear explains.
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