Nearly one week after Japan was rocked by a disastrous 8.9 magnitude earthquake and tsunami, a large scale clean up effort is underway in the northern part of the country.
CBS expected to lose $200 million a year on the NCAA basketball tournament. But a deal to extend coverage to cable TV and a move to stream all games online have helped the network turn a profit.
The yen has hit its highest level against the U.S. dollar since World War Two as Japanese insurance companies sell off foreign investments to cover impending insurance claims.
David Kelly, chief market strategist with JP Morgan Funds, explains how the disaster in Japan will impact global markets as the U.S. enters a "recovery mode."
Stephen Badger, operations director for the international express shipping company TNT, describes assessing the needs of the company's Japanese staff, and whether shipping is moving ahead after the earthquake and tsunami.
According to the Treasury Department, six banks have repaid the funds they received from the government bailout of Wall Street, bringing the total bank repayment under the Troubled Asset Relief Program to 99 percent
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