On a day when crude oil topped out just shy of $120 a barrel, the Transportation Department issued new fuel economy standards for cars and trucks — the first major changes to automobile mileage rules in 30 years. Sam Eaton reports.
While most of the business world frets over the future of newspapers, Rupert Murdoch keeps buying them up. His NewsCorp is going after the Long Island paper Newsday for about $580 million. Alisa Roth reports.
The Department of Homeland Security says it wants foreign visitors fingerprinted as they leave the U.S. from airports and seaports. It also says airlines and cruise lines would pay for the equipment, training and maintenance. Jeremy Hobson reports.
China's government says it's ready to move past a proposed boycott of a major French retailer. But talk of boycotts has been making multinationals nervous, since they all want in on the massive Chinese market. Scott Tong reports.
Jim Buckmaster isn't much interested in maximizing profits. The chief executive of Craigslist says the rapidly growing website's business model is all about the social good. He talks with host Kai Ryssdal in our latest Conversations From the Corner Office.
Contributions continue to grease the political skids in Washington. Jeanne Cummings of Politico tells host Kai Ryssdal that some of the key players in the subprime mess still have enough loose change to lobby for their causes.
Crops such as corn and wheat have jumped 50% or more in price in the past year. Those prices are hitting everyone in the food chain, including a group stuck squarely in the middle — grain elevator operators. Adriene Hill reports.
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