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One tiny chip, one trillion operations per second

Feb 12, 2007
Intel's newest chip is fast alright, but IT expert Barry Fox says what's really revolutionary here is how little energy it runs on.

Venezuela's taking back the power

Feb 12, 2007
A Virginia company is selling one of its subsidiaries back to Venezuela for less than half the purchase price as Hugo Chavez makes good on his promise to nationalize the country's energy companies.

Introducing AFRICOM

Feb 12, 2007
Africa is finally getting a little recognition. The Pentagon is creating a U.S. command center for the region in order to, among other things, protect economic interests there — such as oil.

Stemming the Boomer retirement tide

Feb 12, 2007
One California professor says we need to invest in educating the children of immigrant workers, because they may be our best hope for replacing the wave of Baby Boomers about to leave the workforce.

London exchange says no to Nasdaq

Feb 12, 2007
Nasdaq won over less than a percent of London Stock Exchange shareholders with its hostile takeover bid. And that leaves the LSE free to pursue a partnership with Tokyo.

Iraq funding faces uphill battle with Murtha

Feb 9, 2007
Top Army officers met up with a tough Bush administration critic on Capitol Hill today as they addressed the president's request for further Iraq war funding. Nancy Marshall Genzer reports.

Chavez continues nationalization plan

Feb 9, 2007
Venezuelan President Hugo Chavez's government agreed to buy AES subsidiary La Electricidad de Caracas for $800 million. AES valued it at $2.6 billion. Kai Ryssdal talks with economic journal editor Robert Bottome about the deal.

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Mostly dead air for U.S. firms at India show

Feb 9, 2007
More than 50 American defense and aerospace companies are at the Aero India show this week, showing off their flashiest aircraft. But the trip was a long way to go for not much payoff. Miranda Kennedy reports.

Icahn's not leery of auto-parts investment

Feb 9, 2007
Carl Icahn's private equity fund has made a deal to buy the auto-parts maker Lear for close to $3 billion — at a time when parts suppliers are struggling. Amy Scott reports on what Icahn might have in mind.

Minimum-wage accord faces maximum challenge

Feb 9, 2007
A House committee released a $1.2 billion package of small-business tax cuts today. The House is trying to find common ground with the Senate on a minimum-wage increase, but that ground is proving shaky. Steve Tripoli reports.