Latest Stories

Latest Stories

Citigroup makes bank

Jul 20, 2007
Citigroup has had a very good run this quarter. The nation's biggest bank says growth is up 18 percent. The record revenues were bolstered by international growth, while its consumer business was down. Janet Babin reports.

Virgin breaks into domestic market

Jul 19, 2007
Virgin America Airlines started selling tickets today for flights out of San Francisco -- a crowded and competitive market. But some analysts say it might take off if it keeps its focus on customer service. Jeff Tyler reports.

What took so long to address poverty?

Jul 19, 2007
Democratic presidential candidates John Edwards and Barak Obama have been focusing on poverty as a key issue. Commentator Angela Glover Blackwell says the attention is valuable, but the politicians have a long way to go.

Explosion exposes NYC's aging systems

Jul 19, 2007
The steam-pipe explosion in Midtown Manhattan reminded New Yorkers just how vulnerable their aging infrastructure is. We asked Alisa Roth to look at the cost of keeping it up.

Hershey reports a profit meltdown

Jul 19, 2007
The candy maker says profits over the past three months tumbled 96% compared with last year. The slide comes as Hershey is cooking up ways to fix its milk chocolate business, get into the premium chocolate market, and expand abroad. Jill Barshay reports.

Beckham's star power shines in L.A. Galaxy

Jul 19, 2007
Soccer star David Beckham is slated to play his first game for the Los Angeles Galaxy on Saturday night, assuming his injured ankle is OK. Tess Vigeland spoke with our sports-business expert Ed Derse about all things Beckham.
David Beckham shows off his Los Angeles Galaxy uniform
Getty Images

Harley-Davidson accelerates overseas

Jul 19, 2007
Harley-Davidson, the iconic American motorcycle maker, said today its profits are roaring ahead overseas. But here at home they've slipped into reverse. Why? Stephen Beard takes a look.

For public good, not for profit.

A potato revolt in the Peruvian Andes

Jul 19, 2007
Farmers in Cuzco are resisting a government drive to grow genetically modified potatoes, fearing they might contaminate indigenous varieties and kill efforts to market their organic produce. Janet Babin reports.

Pearl sues Habib for bankrolling murder

Jul 19, 2007
Mariane Pearl, the widow of murdered Wall Street Journal reporter Daniel Pearl, has sued Pakistan's biggest bank. The suit, filed in New York, asserts that Habib Bank knowingly funded the terrorists who killed her husband. Ashley Milne-Tyte reports.

On the brink of patent reform

Jul 19, 2007
Big business is in a mad scramble of last-minute lobbying to sway Congress on the issue of patent reform, but there are competing camps with opposing goals. Jeremy Hobson lays it out for us.