The Obama administration has stopped short of calling China a currency manipulator. The Treasury Department issued the report on China's currency yesterday. Reporter Nancy Marshall Genzer talks the details with Stacey Vanek-Smith.
The clock is ticking on Ford's Mercury line. The automaker announced it would end production of Mercurys later this year. Contributor Hank Rosenfeld reflects on the car, which helped make him who he is.
BP has said it will pay for the oil disaster in the Gulf. And it's asking two partners to help. Anadarko Petroleum and Mitsui Oil Exploration own 35% the destroyed well. And BP contends they're liable for 35% of the costs. Krissy Clark reports the companies aren't necessarily reaching for their checkbooks.
Chris Low, chief economist with FTN Financial, talks with Stacey Vanek-Smith about how we're transitioning from a recovery to an expansion, and how the economy is doing.
San Franciscans argued late into the night about whether to ban the sale of all pets — except fish — in the city limits. After five hours of heated testimony, the city's Commission on Animal Control and Welfare decided to delay a vote on the issue. April Dembosky reports.
Former Labor Secretary Robert Reich talks with Steve Chiotakis about why deregulation has had some benefits and drawbacks, and whether we're headed for a new era of regulation.
Google CEO Eric Schmidt now says he's "confident" China will all the company to keep operating in China. So if you're keeping score: First the company pulled its search engine out of China. Then it sought to keep its license to operate in the country. Scott Tong reports.
Europe correspondent Stephen Beard talks with Steve Chiotakis about EADS' proposal to build expensive aircraft for the U.S. Air Force, the latest move in a bitter dispute over a $35 billion military contract.