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Latest Stories

Latest Stories

Defending the gas guzzler

Aug 16, 2007
Lobbying by U.S. automakers failed to slow a Senate proposal that would drastically increase fuel economy standards, so GM, Ford and Chrysler are holding a rally today to plea for popular support. Critics are calling it a scare tactic, Sam Eaton reports.

Selling Elvis here, there... anywhere

Aug 16, 2007
Elvis T-shirts, an Elvis-edition Harley, Elvis Reese's Cups, ticket sales at Graceland... the licensing money for all that memorabilia really adds up. But the folks in charge of his estate have big plans that could triple the take. Wren Elhai reports.

Population booming in a city near you

Aug 16, 2007
A new population report predicts the global population will grow by 50 percent to reach 9.3 billion by 2050. And very soon the number of people living in urban areas will outnumber rural folk. Jill Barshay has more.

Fox deal with writers has got buzz

Aug 15, 2007
20th Century Fox has reached agreement with a group of top screenwriters that would pay them smaller advances in exchange for allowing them a percentage of the profits if their movies get made. Lisa Napoli reports.

Beach reads: 'Little Dorrit'

Aug 15, 2007
Commentator David Frum offers up a Dickens classic that's all about the markets.

U.S. increasing pressure on Iran

Aug 15, 2007
The Bush administration is reportedly taking steps to list Iran's Revolutionary Guard, which has substantial business operations, as a terrorist organization. The move would also put pressure on countries still doing business with Iran. Stephen Beard explains.
Iranian Revolutionary Guards take part in a demonstration held in Tehran to mark Jerusalem (Al-Quds) Day in Oct. 2006.
Behrouz Mehri, AFP/Getty Images

Whole Foods' secrets are out of the box

Aug 15, 2007
Documents detailing Whole Foods' proposed takeover of the Wild Oats chain, accidentally left exposed on a court website, provide a glimpse into how the natural food chain is playing hardball against Wal-Mart. Bob Moon reports.

For public good, not for profit.

Wildfires snuff out business

Aug 15, 2007
Smoke and flames have forced the U.S. Forest Service to close two popular stretches of the Salmon River in Idaho. And that's left quite a few businesses up a creek. Elizabeth Wynne Johnson reports.

iRate over iPhone bills

Aug 15, 2007
Some iPhone users are getting more than they bargained for -- like 300-page phone bills from AT&T. Ashley Milne-Tyte reports.

Jumbo loans feel subprime weight

Aug 15, 2007
Some in Congress and the mortgage industry want the government to allow Fannie Mae and Freddie Mac to buy up bigger loans. So far, no deal. Stacey Vanek-Smith reports on how that's affecting potential homebuyers in some of the country's most expensive housing markets.
Entryway of $2.7 million house
Stacey Vanek-Smith