Delta Airlines and would-be partner Northwest both reported losses for the quarter. Their market values dropped, too. Earlier in the week, United posted a bad quarter. Nancy Marshall Genzer reports.
Today, Congress is considering extending a rule that would allow home builders to apply any current losses to tax returns up to four years back. That could set builders up for big rebates. Jeff Tyler has more.
Government approval of a Delta-Northwest airline merger is pending, but today Delta Airlines flight attendants begin voting on whether to unionize. Ashley Milne-Tyte looks at what affect, if any, a union could have on the merger.
Food shortages and the subsequent spike in food prices have caused a U.N. program to stop providing meals to schools in three countries. Commentator Will Wilkinson says the U.S. political process contributed to the worldwide food crisis.
Waits for disability benefit hearings now average 16 months. Today, Congress considers President Bush's request for $600 million to hire more judges and support staff. John Dimsdale reports from Washington.
The Italian government will loan Alitalia about half a billion dollars to prevent the troubled airline's collapse. But Alitalia is losing $1 million a day and facing ever higher fuel costs. Stephen Beard reports from London.
Every fifth apartment in Central Jerusalem is owned by someone from abroad, and many visit only on holidays and vacations. Hebrew University students want to rent them the rest of the time. Daniel Estrin reports.
Security matters become the key issue in the Treasury Department's new rules for overseas investors. Companies involved in defense or homeland security are most likely to be scrutinized. Jill Barshay reports.
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