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Latest Stories

Latest Stories

Coke seeks Chinese juice company

Sep 3, 2008
Coca-Cola is offering almost $2.4 billion for the Huiyuan juice company in China. The all-cash deal would be the biggest foreign takeover ever of a Chinese company. But regulators in Beijing could take the fizz out of the deal. Janet Babin reports.

Mortgage crisis fallout: Homeless kids

Sep 3, 2008
With many communities hit hard by foreclosures, schools are reporting spikes in the number of homeless students this fall. Mhari Saito reports on how those districts -- and their students -- are coping.

Looking inside the 'Subprime Solution'

Sep 3, 2008
Yale economist Robert Shiller's been watching the real estate market for a long time. He's the author of a new book called "The Subprime Solution." Since that would be a pretty popular thing right now, Kai Ryssdal asked him to explain it.

GOP needs to get real on immigration

Sep 3, 2008
While the GOP convention is on, we've asked some Republican thinkers to tell us where they think the party can do better. Commentator David Frum says it ought to start with immigration.

Abu Dhabi fund goes Hollywood

Sep 3, 2008
A branch of one of the world's largest sovereign wealth funds -- the Abu Dhabi fund -- plans to spend $1 billion over five years to produce and distribute feature films in Hollywood. Ali Jaafar of Variety discusses the details with Kai Ryssdal.

Army launches attack on fashion biz

Sep 3, 2008
After decades of seeing its designs turned into fashion statements, the U.S. Army has decided to partner with Sears to launch an Army-inspired clothing line. Ashley Milne-Tyte reports.

Commodities markets hit investors hard

Sep 3, 2008
Prices for commodities have been dropping, so it's a tricky time for companies that run those kinds of investments. One of the larger hedge-fund managers says it's closing down a flagship commodities fund that's gone very bad. Amy Scott reports.

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Extended Warrenty on a Car?

Sep 3, 2008
Question: I signed up for an extended warranty for my car. It has 75,000, the warranty costs $3000 and will cover me for 60,000 more miles. I asked...

American dollar is up against euro

Sep 3, 2008
The European economy continues to slump. One U.K. minister said it's the worst it's been in 60 years. The bad news overseas, however, helped boost the dollar against the euro. Brett Neely reports.

Layoffs could reach 1 million this year

Sep 3, 2008
August layoffs were down 14 percent from July, but it's not all good news on the job loss front. This was the worst summer of layoffs since 2002. Steve Henn learns that an even grimmer picture could be yet to come.