The Mouse House has announced it will put out 10 fewer films a year and substantially reduce its workforce. Will the rest of Hollywood follow suit? Lisa Napoli reports.
The Bank of Japan is expected to raise interest rates for the first time in six years. Personal finance expert Chris Farrell and host Scott Jagow talk about why that matters to Americans.
The Federal Communications Commission is scheduled to vote today on plans by Comcast and Time Warner to buy out bankrupt Adelphia. As Steve Tripoli reports, there's widespread support for the plan, but also vocal concern.
There is such a thing as a free lunch for poor kids in school over the summer, but only about one in five actually eats those meals. A new report suggests the problem isn't money — it's paperwork. Hillary Wicai reports.
Worldwatch Institute offers its latest look at the health of the planet and finds the global economy is booming — but with environmental consequences. Helen Palmer reports.
With a rocket launch Wednesday, a private entrepreneur kicked off his project to build a privately owned and operated space station — and possibly the beginnings of a new space race. Rachel Dornhelm reports.
The price of oil has hit a new high following the Israeli air raids on Lebanon. Crude reached almost $76 a barrel in London this morning and the crisis is spilling over into other financial markets. Stephen Beard reports.
House lawmakers continue a hearing today into fraud allegations surrounding the $21.4 billion New York City was given in recovery funds following Sept. 11. Hillary Wicai reports.