Philip Morris is raising the price of its cigarettes by 10 cents a pack starting today. Steve Tripoli tells us how this one got passed on to consumers.
Many Spanish-speaking Latin Americans looking for a better life are choosing skip the U.S. — and emigrate to Spain instead. Jerome Socolovsky has the story from Madrid.
Shoppers are rushing to get those last-minute gifts delivered and thanks to the Internet, a record number of packages will be shipped this week. At FedEx, everyone's pitching in to meet demand. Tanya Ott explains.
Host Scott Jagow asked Newsweek Wall Street editor Allan Sloan to predict whether we're headed for recession in '07, but it turns out that all depends whose definition you're using.
Congress is showing signs of a willingness to take a fresh look at the 44-year U.S. trade embargo with Cuba. And with Fidel's health failing, Cuban American exiles are open to policy change too, Dan Grech reports.
Everyone's in a buying mood this holiday season. Private equity firms have been on a record buying spree this year and they showed no sign of slowing over the weekend.
Private companies aren't the only ones putting pressure on drugmakers to lower prescription prices. This morning the Bush administration will offer its own proposal. Dan Grech reports.
Westinghouse was awarded the right to build four nuclear reactors in China. It's an interesting decision on the heels of the American trade delegation's visit — and a huge blow to France and Russia.
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