Latest Stories

Latest Stories


It's a British retail invasion

Bob Moon | Apr 18, 2007
A major new competitor looms on the horizon for U.S. convenience stores and markets. British super-retailer Tesco is about to open stores here and analysts say it could pose a legitimate threat.
Posted In: Retail

Bad news for Belgium

Stephen Beard and Scott Jagow | Apr 18, 2007
GM is streamlining production of its popular Astra model in Europe, and the 1,400 jobs cut are all coming out of Belgium. And if plants there don't bring costs down, GM indicated it may shift that production work to Asia.
Posted In: Auto, Canada

A greener way to cut grass

Nancy Marshall-Genzer | Apr 18, 2007
The EPA has proposed new rules designed to help reduce summertime smog. It says adding catalytic converters to small engines on boats and lawnmowers could bring levels down as much as 10%, but manufacturers say it could be dangerous.

Technology's green giants

Lisa Napoli | Apr 18, 2007
Rivals in the ultra-competitive tech industry don't work together often, but today they're making an exception and meeting in Denver to try to help save the environment — and money of course.
Posted In: Science

First bird flu vaccine for humans OK'd

Helen Palmer | Apr 18, 2007
The vaccine is less than 50 percent effective and only has a shelf life of 18 months, but the FDA says it's still worth approving and stockpiling — because in the event of a pandemic, saving some lives will be better than none.
Posted In: Health

Keeping Traditional Pensions

Chris Farrell | Apr 17, 2007
In the 1980s, companies started retreating from offering their workers traditional "defined benefit" pension plans in favor of "defined...

Court puts bank regulation in federal hands

John Dimsdale | Apr 17, 2007
The nation's banks got some good news from the U.S. Supreme Court today. It ruled states can't make their own rules for bank subsidiaries. But the decision has consumer groups worried. John Dimsdale reports.
Posted In: Crime

Coast Guard throws contractors overboard

Alisa Roth | Apr 17, 2007
The Coast Guard booted Lockheed Martin and Northrup Grumman today for, among other things, building eight cutters that had issues with seaworthiness. Alisa Roth reports.
Posted In: Washington

Subprime borrowers may have help coming

Steve Tripoli | Apr 17, 2007
Fannie Mae and Freddie Mac say they'll unveil new programs this summer to let many subprime borrowers refinance their home loans. But some in Congress say such assistance needs federal oversight. Steve Tripoli reports.
Posted In: Housing, Washington

With empty homes, lenders lie low

| Apr 17, 2007
Ohio has the highest foreclosure rate in the nation. Cleveland and its suburbs are spending millions to maintain homes that nobody wants. And come billing time, lenders are making themselves scarce. Mhari Saito reports.
Posted In: Housing