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Latest Stories

Latest Stories

Don't put stock in size of CEO's home

Oct 9, 2007
A slew of recent studies claim to link social factors, like a CEO's personal life, to his company's stock price. Commentator and economist Susan Lee isn't convinced.

Middle East to get World Bank attention

Oct 9, 2007
The new World Bank President Robert Zoellick is setting up a new strategy focused on fostering trade in the Middle East. Joel Kurtzman, a senior fellow at the Milken Institute, talked with Kai Ryssdal about why the region needs economic attention.

Private-equity firms will avoid tax hike

Oct 9, 2007
Speculation in Washington is that a proposed tax increase for private equity partners won't make it through Congress this year. Steve Henn reports.

Now E.U.'s griping about China currency

Oct 9, 2007
It's now the European Union's turn to get cranky over cheap Chinese imports and call for China to revalue its underpriced currency. But does the E.U. have the economic leverage to force a change? Jill Barshay reports.

It's all about the beer -- lots of it

Oct 9, 2007
The makers of Coors and Miller beers have come up with a new brew. It's called combining operations to increase pricing power and market share. But the two may face a tough fight with regulators. Amy Scott reports.

Private equity's lobbying contributions

Oct 9, 2007
Donations from private-equity firms have increased dramatically in the last 10 years. Here are the total amounts contributed and the politicians who have received the most.

Alcoa report could indicate more

Oct 9, 2007
Aluminum maker Alcoa gives its third-quarter profit report today. Alisa Roth reports the company's earnings could tell us how far the subprime crisis has reached and the general health of the economy.

For public good, not for profit.

Big chunk of arts budget up in smoke

Oct 9, 2007
Marlboro cigarette producer Altria is moving its headquarters to Virginia and plans to cut off the $7 million a year it gives to New York arts groups. Jill Barshay reports the funds won't easily be replaced.

Collecting art and investing in a dynasty

Oct 9, 2007
Sotheby's spent months tracking down the Qing Dynasty artifacts sold in a four-day Hong Kong auction. Once found, the relics struck up fierce competition amongst Chinese investors. Kate Woodsome has more.

Wealthy might not always mean savvy

Oct 9, 2007
The SEC wants to raise the net worth requirement of hedge funds from $1 million to $2.5 million to keep out smaller investors. But some critics wonder what wealth has to do with it. Steve Tripoli has more.