Dubai World, the United Arab Emirate's main development engine, says it can't start paying back $60 billion in debt. Steve Chiotakis talks to Stephen Beard about why that's raised markets' concerns for an increased threat of default.
Several labels at big department stores like Saks Fifth Avenue and JC Penney are packing up and preparing to lay roots in new homes. Andrea Gardner explains why these brands are choosing to move down-market now.
A growing number of companies want to withhold some pay from ad agencies they use unless their marketing campaigns work. This new way of doing business could hit smaller agencies especially hard. Lilly Fowler reports.
Texas created a pre-paid college investment plan called the Texas Tomorrow Fund to help families across the state with the rising costs of college tuition. But the fund is soon expected to run out of money. David Martin Davies reports.
The closed stretch of Interstate 64, St. Louis' main east-west freeway, has hurt attendance to the St. Louis Galleria, which is directly on the route. But the state's planning to re-open I-64 early next month. Adam Allington reports.
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