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Latest Stories

Latest Stories

An age of financial fragility

Sep 18, 2007
From the Fed meeting rate cuts to August's wholesale prices report, there's a lot for the markets to digest today. Doug Krizner talked to ING Group chief economist Mark Cliffe in London about these numbers and the subprime effect in Europe.

Urinals flush with sports history

Sep 18, 2007
An auctioneer in St. Louis is auctioning off various odds and ends from the old Tiger Stadium in Detroit. Scott Jagow spoke to CEO Bruce Schneider about what some sports fans will pay to own a piece of an old stadium bathroom.

Preemptive food safety regulations

Sep 18, 2007
The Grocery Manufacturers Association is calling for more government regulation of food imports. But critics say the trade group is imposing minor restrictions as a way to avoid potentially tougher ones in the future. Jeremy Hobson reports.

Earnings reveal subprime numbers

Sep 18, 2007
Lehman Brothers reported third-quarter earnings today, making it the first investment bank to turn in its numbers since the subprime crisis began. The other big banks report later this week, and Amy Scott reports investors are fearing the worst.

Feeling a little solar powerless

Sep 17, 2007
Commentator Sandra Tsing Loh says she has had enough of fossil fuels and is ready to go solar. Anybody want to join her? . . . Anybody?

Farmers question roots of safety rules

Sep 17, 2007
In the year since the E. coli outbreak was traced to Salinas Valley spinach, California's salad industry has lost tens of millions of dollars. Processors have come up with new ways to protect the food supply. But some say they've gone too far. John Ryan reports.

What did he say, exactly?

Sep 17, 2007
Former Fed chief Alan Greenspan is making the rounds plugging his new memoir and commenting on the economy. But when it comes to getting his views on the threat of recession? You still need to check and re-check.

For public good, not for profit.

Size may not matter in Fed rate cut

Sep 17, 2007
Whatever the Federal Reserve annnounces for its expected interest-rate cut tomorrow, the housing meltdown and the credit crunch might have too big of a headstart for it to make much difference. Jeff Tyler reports.

Ruling is a bundle of trouble for Microsoft

Sep 17, 2007
A European Union court ruling that Microsoft is using its size and market share to keep competitors out of the market could create problems for how the software giant does business. John Dimsdale reports.

Iraq tosses Blackwater out of the war

Sep 17, 2007
The Iraqi government has revoked the business license of private security firm Blackwater USA, whose employees allegedly killed at least nine Iraqi civilians in a firefight. Steve Henn reports the company has played an important but controversial role in the war.