Segments From This Episode

• Small business creating few jobs

  by Jeff Tyler

  Small businesses find it harder to get credit, so they create fewer jobs.

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• Oil services firms get squeezed by slowdown

  by Mark Garrison

  Schlumberger and Baker Hughes help big oil drill. But their business is softening as some drillers pull back due to the economic slowdown.

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• When regulations change: From baseball to banking

  by Jeremy Hobson

  Two years after the Dodd-Frank Law was enacted, many in the banking sector are still grumbling about the change in regulation. How does that compare to when the rules change in another American pastime: Baseball?

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• Indian factory experiences dangerous worker riots

  by Jeff Horwich

  Employee riots at India's largest car-maker — Maruti — have burned down part of the factory, shut down the plant and killed a human resources manager.

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• Santa Monica business hurt by British expats departing

  by Bridget Bodnar

  

  The Los Angeles suburb of Santa Monica is sometimes called "Little Britain." That's because of the number of British expats living there. But "Little Britain" is changing.

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• Microsoft vs. Google: A tale of two earnings reports

  by Scott Tong

  After the close on Wall Street yesterday, Microsoft announced its first quarterly loss ever. And Google announced a $2.8 billion profit for the quarter. Two very different situations — but they might just share a theme.

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• The latest (old) scent for sale

  by Jeff Horwich

  You've of course heard of Old Spice. Well, here comes "Old Book."

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• Heathrow border agents to strike day before Olympics

  Fears are growing in London that the Olympics may not start smoothly. The union representing border agents at Heathrow airport is planning to go on strike a day before the ceremonies begin.

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• Layoffs down despite tepid earnings growth

  by Jeremy Hobson

  Several big American companies — General Electric, Schlumberger, Microsoft — reported weak earnings and quarterly losses today. The question is, are we due for another round of major layoffs?

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• Viacom reaches deal with DirecTV

  by Scott Tong

  Jon Stewart, Spongebob and Jersey Shore are back on for DirectTV subscribers. Viacom had blacked out Comedy Central, Nickelodeon and 16 other channels during a contract dispute. So who lost, and who won?

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• U.S. drought could have global impact on food prices

  by Jeff Horwich

  As one of the world's biggest agricultural exporter, the drought in the U.S. could impact food prices worldwide. In recent years, high food prices have initiated destabilization of the Middle East as well as Haiti.

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• Heineken bids on Southeast Asian brewer

  by Jeff Horwich

  Heineken has offered $6 billion to buy Asia Pacific Breweries, which makes Tiger beer. Their giant bid was meant to elbow out a play by a billionaire from Thailand and get a stronger hold on the Southeast Asian market.

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• PODCAST: Baseball vs. banking, beer boom

  by Katie Long

  Two years after the Dodd-Frank Law was enacted, many in the banking sector are still grumbling about the change in regulation. How does that compare to when the rules change in another American pastime: Baseball? Schlumberger and Baker Hughes help big oil drill. But their business is softening as some drillers pull back due to the economic slowdown.

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