Stocks on the Thai exchange sank almost 20 percent after the Bank of Thailand instituted changes that effectively stopped the flow of foreign money into the market there.
There's been plenty of talk about big airline mergers and takeovers lately — so why aren't legacy carriers going after the smaller, money-making airlines? Jason Paur reports.
Analysts are expecting positive numbers when the government releases November housing starts and wholesale prices today, but the good news may be temporary. Sarah Gardner reports.
The FCC decides tomorrow whether to make it easier for phone companies to enter local cable markets. Increased competition would likely drop prices for consumers, but public access channels could suffer. Sam Eaton reports.
U.S. producer prices soared 2 percent in November — the biggest gain in more than 30 years. But we shouldn't jump to conclusions, says analyst Dana Soporta.
Congress has reinstated billions of dollars in expiring tax breaks for 2006 — but it was too late to get the changes onto 2006 tax forms. Charla Bear reports.
The EU has altered its new carbon emission restrictions to affect only flights within Europe — at least initially. But as U.S. airlines could be missing out. Stephen Beard explains.
The merger has one regulatory hurdle left: FCC approval. Late yesterday that hurdle got higher when FCC member Robert McDowell decided to abstain because he used to work as a telecom lobbyist. Dan Grech reports.
Berlin's opera house was packed last night for the long-awaited "Idomeneo." It was canceled in September after threats from Islamic fundamentalists, but all the extra publicity could help bring back some much-needed funding, Ethan Lindsey reports.
As VHS tapes and VCRs head the way of Betamax and phonographs, commentator Bill Hammack warns that the right to fair use is in danger of disappearing right along with them.
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