20th Century Fox has reached agreement with a group of top screenwriters that would pay them smaller advances in exchange for allowing them a percentage of the profits if their movies get made. Lisa Napoli reports.
The Bush administration is reportedly taking steps to list Iran's Revolutionary Guard, which has substantial business operations, as a terrorist organization. The move would also put pressure on countries still doing business with Iran. Stephen Beard explains.
Documents detailing Whole Foods' proposed takeover of the Wild Oats chain, accidentally left exposed on a court website, provide a glimpse into how the natural food chain is playing hardball against Wal-Mart. Bob Moon reports.
Smoke and flames have forced the U.S. Forest Service to close two popular stretches of the Salmon River in Idaho. And that's left quite a few businesses up a creek. Elizabeth Wynne Johnson reports.
Some in Congress and the mortgage industry want the government to allow Fannie Mae and Freddie Mac to buy up bigger loans. So far, no deal. Stacey Vanek-Smith reports on how that's affecting potential homebuyers in some of the country's most expensive housing markets.
There are lots of bogeymen in the subprime crisis — lenders, brokers, investors, even homeowners. And here's another one: credit rating agencies. Kim Clark of U.S. News and World Report explains their role.
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