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Latest Stories

Latest Stories

Playing keep-away from private equity

Jun 13, 2007
News that Ford's trying to unload its British luxury brands Land Rover and Jaguar set off alarms among U.K. labor unions. They're lobbying hard to keep the companies out of the hand of private equity. Stephen Beard reports.

More mortgages gone bad

Jun 13, 2007
Looks like we haven't seen the worst of the foreclosure crisis yet. New data shows filings are up significantly. The outlook for the real estate market is grim, and it could be bad news for the economy as well, Steve Tripoli reports.

Brick rustlin' on the rise

Jun 13, 2007
Rich clay deposits once made St. Louis the nation's brick capital. Today its distinctive red bricks are a hot commodity for builders -- so hot that some people are stealing entire walls off old buildings. Matt Sepic has the story.

President's Dinner a tough sell this year

Jun 13, 2007
The GOP's annual gala used to be a hot ticket, even at $25,000. But with President Bush's job approval ratings at an all-time low, organizers expect to rake in just half of last year's $15-million haul. Steve Henn reports.

Cutting drug costs in half... literally

Jun 13, 2007
As health care prices continue to soar, employers are getting more creative about ways to cut costs. The University of Michigan is having its employees cut high-dosage prescription pills in half. Then they share the savings. Helen Palmer has the story.

Social networking grows en Español

Jun 12, 2007
More social networking sites are being targeted at the Latino and Spanish-speaking markets. And that means competition for English-language sites chasing limited advertising dollars. Ambar Espinoza reports.

Lots of liquidity . . . and, oh yes, that 'carry trade'

Jun 12, 2007
Uncertain investors are making some unusual moves these days as they look for places to put their money. Our senior business correspondent Bob Moon explains what's going on in the markets.

For public good, not for profit.

Ban the beautiful people's yachts and jets

Jun 12, 2007
The Senate is working on an energy plan that would set new fuel economy standards for automobiles. Commentator Ben Stein says he's all for sound energy policy, but lawmakers are going about it all wrong.

Ohio's adult businesses are seeing red

Jun 12, 2007
Owners of Ohio's strip clubs and adult video stores say their businesses are being threatened by some tough, new state laws. They may end up taking their fight straight to voters. Bill Cohen reports.

Investors' move to bonds made easier

Jun 12, 2007
New rules requiring bond prices to be made readily available is making it somewhat easier to invest in them. And brokerages are adapting, lowering fees to attract buyers. Janet Babin reports.