Latest Stories

Latest Stories

Refco in trouble

Oct 14, 2005
After going public just two months ago, the futures trading giant has shut down one of its units due to a cash shortage. And that's not all. Marketplace's Stacey Vanek Smith reports.

New Orleans workers sidelined

Oct 14, 2005
Area demolition and removal services are chafing over government clean-up contracts for New Orleans that have been awarded to out-of-state companies. Sam Eaton reports.

Japan: economic reforms on track

Oct 14, 2005
Today the Japanese parliament puts a plan in motion to privatize the state-owned postal service, and in the process, create the world's largest private bank. Shia Levitt reports.

Chris Farrell on mergers

Oct 13, 2005
Host Scott Jagow talks to financial expert Chris Farrell about the growing pace of global mergers. Concerns over looming interest rate hikes in the US appear to be driving the boom.

Gobbling GM stock

Oct 13, 2005
Billionaire investor Kirk Kerkorian's recent moves to acquire GM stock have many wondering what his strategy for the ailing automaker might be. Amy Scott reports.

Staking a stem cell claim

Oct 13, 2005
Most polls indicate broad support for stem cell research, but Washingtona€™s official stance is to restrict funding. Scott Tong reports that states are racing to fill the void.

NASDAQ dip

Oct 13, 2005
The tech-heavy NASDAQ dropped 23 points Wednesday for its lowest close in nearly five months. Stacey Vanek Smith reports.

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The public's business: Greenspan's successor

Oct 12, 2005
Commentator Robert Reich says being a friend of President Bush isn't the best qualification for a new Fed chief.

Value-added outsourcing

Oct 12, 2005
Cutting costs isn't the only reason big corporations outsource job from the United States. Alisa Roth looks at the latest outsourcing trends.

iPod's latest move

Oct 12, 2005
Apple is set to unveil the latest version of the iPod today. As Ethan Lindsey reports, the company has consumers right where it wants them.