The Organization for Economic Cooperation and Development shook investors today when it warned that overall subprime lending losses could feasibly hit between $200 billion and $300 billion. Can anything be done to limit the losses? Bob Moon has more.
Congress and state officials are trying to help homeowners facing foreclosure by offering alternatives to borrowers and lenders. But for all the good intentions, not much is changing. Stacey Vanek-Smith reports.
Indiana regulators have given Duke Energy the OK to build what would become the world's first large-scale coal gasification power plant, provided the company can capture the plant's carbon emissions and store them underground. Sam Eaton reports.
Australians have been dealing with a decade-long drought that's one of their worst in history. Many have found there's nothing like pocketbook pressure to focus the mind on conservation. Stuart Cohen reports.
Can you imagine Thanksgiving without the hint of nutmeg or cloves? Spices make the meal. But they weren't always so plentiful. Bob Moon talks with author Michael Krondl about his book on the history of the spice business.
Restaurant kitchens in France have long been dominated by males. But women are now gaining much of the attention for their influence on the country's fine dining. Their patrons and the critics are eating it up. John Laurenson reports.
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