Two Bear Stearns hedge fund managers have been charged with fraud for allegedly lying to investors about problems within the bank prior to its billion-dollar collapse. What effect will their arrests have on Wall Street's credibility? Jill Barshay reports.
Senator Barack Obama has opted against receiving federal public financing for the general election, allowing him the freedom to spend whatever he can raise and prompting some controversy. Steve Henn reports.
As banks tighten requirements for loans, many small business owners are relying on credit cards for capital, prompting card providers to offer up special business accounts. Stacey Vanek-Smith reports.
The rekindling of the storied Lakers-Celtics rivalry was supposed to save the NBA's sagging television ratings. Host Bob Moon asks ESPN's Henry Abbott if the series turned out to be a slam dunk for the league.
A revamped FISA law could shield them from liability could shield U.S. phone companies from lawsuits they face for participating in a warrantless wiretapping program. Host Bob Moon talks with New York Times reporter Eric Lichtblau about the bill's chances of passing.
Baristas around the world are putting extra designs into the foam atop their lattes and cappuccinos to differentiate their shops from the coffee-house chains. Stuart Cohen visited a competition where designs in coffee and steamed milk were served up by the cup.
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