A report out today says the Securities and Exchange Commission is investigating a major US hedge fund for possible insider trading. The investigation is so sensitive that even the SEC's handling of the matter is under review. Janet Babin reports.
Brazil's socialist president is expected this weekend to announce plans to run for reelection. As Paulo Prada reports, Lula is one leftist leader even foreign investors love.
England plays a do-or-die World Cup match against Ecuador this weekend, but as many as 3,000 die-hard English fans won't be able to attend the match in person. Stephen Beard has the story.
The Bush Administration has been secretly using a massive international banking database to track people it suspects of helping finance terrorism. Stephen Beard reports.
Today the Crescent City hosts its largest convention since Hurricane Katrina. Lisa Napoli takes a look at whether New Orleans is really ready for business.
Federated Department Stores has sold Lord & Taylor to a property development company. Rachel Dornhelm tells us what's next for the famed up-scale retailer.
No surprise that the cost of brand-name prescription drugs is on the rise, but a new study reveals the cost has skyrocketed this year — three times faster than the rate of inflation. Stacey Vanek-Smith reports.
Today is the deadline for workers at GM and Delphi to decide whether to accept buyout packages to help cut costs at the struggling companies. Amy Scott reports.
Today Merck's blockbuster cholesterol-lowering drug Zocor loses its patent. Usually when a brand drug goes generic, the price drops sharply. But Merck's not giving up market share without a fight. Helen Palmer reports.
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