Latest Stories

Latest Stories

Wal-Mart fails in South Korea

May 22, 2006
Wal-Mart has announced it's selling its South Korean retail business for $882 million. Tess Vigeland looks at why the big box store is pulling out of the country.
A Wal-Mart store in Seoul, South Korea
Jung Yeon-Je (c) AFP/Getty Images

NYSE makes Euronext offer

May 22, 2006
The New York Stock Exchange has offered to buy European exchange operator Euronext for $10 billion. It's seeking to beat rival Nasdaq in the race to become the first transatlantic stock market. Bob Moon reports.

An end to commissions on Wall Street?

May 22, 2006
A major Wall Street brokerage house is expected to announce a settlement this week in a class-action suit that claims stockbrokers should get paid overtime. It's a fight that could transform the whole profession. Amy Scott reports.

German companies thrive in China

May 22, 2006
China's largest trading partner in the European Union is Germany, with bilateral trade reaching $63.2 billion last year. Ruth Kirchner reports on the cozy business relationship between the two countries.

Sloan Sessions: Higher interest rates

May 22, 2006
Newsweek Wall Street editor Allan Sloan discusses the likely economic impact of higher interest rates with host Scott Jagow.

Happen to catch that Webisode?

May 22, 2006
It's a phrase we're likely to hear a lot more of. As viewers embrace downloadable programming, advertisers are working to make sure they aren't left behind. Janet Babin reports.

Nagin's task: Reinvent city's economy

May 22, 2006
New Orleans Mayor Ray Nagin has little time to savor his reelection victory before turning to the task of reinventing the city's battered economy. Sam Eaton reports.

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Move over Blackberry?

May 22, 2006
The Motorola Q phone could be released this week, and it's likely to have the makers of the Blackberry a little nervous. Lisa Napoli reports.

MasterCard IPO

May 22, 2006
The charge card is expected to go public this week in an effort to raise cash to pay legal bills and give industry leader Visa a run for its money. Alisa Roth reports.

What's wrong with a bit of innocent smut?

May 19, 2006
Commentator Patti Waldmeir recently went through sexual harassment training at her office. She says it only stirred up negative feelings.