In southern Italy most small businesses pay protection money to the Mob. But a movement to fight back is gaining ground. For the first time, a restaurant owner has reported the extortion to the police and named names. Megan Williams has the story.
A subsidiary of Warren Buffett's Berkshire Hathaway group is going to stop insuring bank deposits over $100,000. Does this mean Buffett is worried about future bank failures? Nancy Marshall Genzer reports.
The federal government's takeover of Fannie Mae and Freddie Mac has led to a drop in mortgage rates, making it a lot more attractive to buy a house or refinance the one you have. Dan Grech reports.
The Pentagon is again delaying its request for proposals to build a new refueling tanker plane. That's good news for Boeing in its competition with Airbus and Northrup Grumman for the $40 billion contract. Mitchell Hartman reports.
Hurricane Gustav, Hurricane Hanna, Hurricane Ike … Commentator Robert Reich says now would be a good time to look at how we insure homeowners in disaster-prone places.
We've all heard money can't buy you love or happiness. But if you have enough of it, you might have a chance at changing people's hearts and minds. That's what software millionaire Tim Gill is trying to do. Jeremy Hobson reports.
New York City's Fashion Week is designers' big chance to show off their stuff and hope it sells — no sure thing in a troubled economy. Kai Ryssdal talks with Kate Betts of Time Style and Design to get her take on the business of fashion this year.
Troubled investment bank Lehman Brothers says it lost almost $4 billion last quarter but it has plans to bounce back. What are its chances of recovering without a white knight? Stacey Vanek-Smith reports.
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