Latest Stories

Latest Stories

Mexican troops descend on 'Narcopulco'

Jan 11, 2007
Ah, Acapulco. White sandy beaches, cold Mexican beer . . . armed vehicles and the buzzing of military planes? Mexico is cracking down on drug traffickers in the resort. Dan Grech reports.

Flat gadgets, flat profits

Jan 11, 2007
Consumers keep buying bigger, better flat-panel TVs and sleeker, skinnier mobile phones — but electronics makers aren't seeing fat profits. Amy Scott reports.

Congress revisits stem cell funding

Jan 11, 2007
Congress considers legislation today that would make more embryonic stem cells available for federal funding. And this time proponents may have enough votes to override the President's veto, Janet Babin reports.

Cloned cow birth in UK causes panic

Jan 11, 2007
Reports that an American cloned cow gave birth to a calf on a commercial farm in Britain — and without the government's knowledge — has led to a case of cloned food paranoia in the UK.

Happy birthday, Mr. Hamilton

Jan 11, 2007
Business historian John Steele Gordon offers his thanks to Founding Father Alexander Hamilton, who richly deserves his place in history — and on the $10 bill.

First taste of Texas tea

Jan 11, 2007
A prospector struck oil near the city of Beaumont, Texas this week back in 1901. Stacey Vanek-Smith has the history.
The famous Lucas Gusher blows out oil January 10, 1901 on Spindletop hill in Beaumont, Texas.  The first in Texas, it sprayed over 100 feet above the derrick for nine days until the well was capped.
Texas Energy Museum/Getty Images

States explore universal health care

Jan 11, 2007
Governors of some states are tired of waiting for the federal government to come up with a health care solution, so they're putting forth their own proposals. Chris Farrell says they're perfectly reasonable.

For public good, not for profit.

Puttin' Taj on the Ritz

Jan 11, 2007
The original Ritz-Carlton in Boston gets a new owner today and, yes, Mumbai-based Taj Hotels will change the iconic hotel's name. Curt Nickisch reports.

Talk of a radio merger

Jan 11, 2007
Executives at both XM and Sirius satellite radio said this week that they like the idea of a merger and stocks jumped on the news. But not everyone's buying it, Dan Grech reports.

iPhone attracts British suitors

Jan 11, 2007
British cell companies are rushing in to secure deals to provide service for Apple's new iPhone in the UK. But they might be overlooking one important detail, Stephen Beard reports.