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Latest Stories

Latest Stories

Banks want out of Clear Channel deal

May 9, 2008
In November, radio station giant Clear Channel announced it would be taken private in a $20 billion leveraged buyout. Now, the banks that were to finance the deal want to back out. Dan Grech has more.

What happened at the Kentucky Derby?

May 9, 2008
The racing world is mourning the death of Eight Belles, the filly that broke two ankles after finishing second in the Kentucky Derby. Animal rights groups are protesting. Scott Jagow asks commentator Diana Nyad why it happened.

Secret ingredient? A cheaper substitute

May 9, 2008
Across the country food manufacturers are struggling to handle rising costs, all the while trying to avoid raising prices. Their choices are changing the way some household food items are being made. Sam Eaton reports.

Payment Plan?

May 9, 2008
Question: I'm a grad student on a very tight budget. I worked for a few years before coming back to grad school, and unwisely brought some credit...

Corporate giants get fat on food crisis

May 8, 2008
In our continuing series, "Food Fight," we look at the profitable side of the global food crisis. Sarah Gardner reports on the big agribusiness firms that are breaking earnings records as everything from grains to soybeans skyrockets.

What will Americans do with rebates?

May 8, 2008
Tax-rebate checks go out Friday as part of the $150 billion economic stimulus effort. And retailers are eager for a cut of your cash. We went looking for some of the more unusual ways people are planning to spend their rebates. Kai Ryssdal reports.

China's next wave will hit our wallets

May 8, 2008
Commentator and investment strategist Andy Rothman says economic development pushed by Beijing will be great for Chinese workers and the environment, but now all of us will have to pay part of the cost.

For public good, not for profit.

Palace 2.0 mixes history, consumerism

May 8, 2008
In World War II, scores of cultural landmarks in Germany were destroyed, including former royal palaces. Some were rebuilt quickly, while others are only now being revived as Germans look to connect with their past. Brett Neely reports.

Baskin-Robbins is going soft

May 8, 2008
Baskin-Robbins, the biggest ice cream chain in the world, says it's branching out into soft-serve. Ashley Milne-Tyte has the scoop.

India halts trading to slow food prices

May 8, 2008
India's government has decided it's had enough with rising food prices. It has suspended futures trading for some key commodites there, including soybean oil, chickpeas and potatoes. Sam Eaton reports.