Latest Stories

Latest Stories


Culture shock for new refugees

Gretchen Wilson | May 11, 2007
Tens of thousands of Somalians have fled their warring nation for the safety of Kenyan refugee camps, but the influx has strained resources at the camps and they're finding that life isn't easy there either. Gretchen Wilson brings us their story.
Posted In: Canada

Energy costs empty wallets

Steve Henn | May 11, 2007
It looks more and more like inflation is going to come under control. But with gas prices flirting with record highs, consumers can't catch a break. It seems most of our spending money is going into the tank. Steve Henn has more details.
Posted In: Economy

More oil. . . or else!

Amy Scott | May 11, 2007
The International Energy Agency warned today that if OPEC doesn't increase production, tightening oil reserves will cause prices to skyrocket. And they'll only get higher if consumers don't conserve at the pump, Amy Scott reports.

Europe has a cocaine problem

Scott Jagow | May 11, 2007
Even the shipping routes of illicit drug trade follow market tides. The euro's strength has lured Latin American cocaine traffickers away from the U.S. for higher returns on the streets of Europe. And that's positioned Africa as a new drug shipping hub.
Posted In: Canada, Crime

Losing patience with lending reform

Steve Tripoli | May 11, 2007
Congress has been studying potential actions to curb the risky practices that led to the subprime crisis. Lawmakers are giving the private sector a chance to reform itself, but it better act soon, Steve Tripoli reports.
Posted In: Housing, Washington

Cause marketing: Bad for the soul or M'm! M'm! Good?

| May 11, 2007
A company heavily advertises an event that raises a lot of money for a good cause — and just happens to boost its own sales along the way. Campbell's Soup does it every year. Is it a win-win campaign or exploitation? Pat Loeb digs in.

New debit card on Maestro's block

Stephen Beard and Bob Moon | May 11, 2007
Recent changes in Europe have made cross-border banking transactions quicker and cheaper. That's spurred banks there to quietly collaborate on a pan-European debit card to challenge MasterCard's Maestro. Stephen Beard explains.
Posted In: Canada

Deutsche Telekom workers strike

Kyle James | May 11, 2007
In Germany today, some 11,000 workers walked off the job at one of Europe's biggest telecom companies. They're striking over a restructuring plan that would require some employees to work longer for less pay. Kyle James reports.
Posted In: Canada

You're not buying like you were last year

Ashley Milne-Tyte | May 10, 2007
Retail sales numbers out today were some of the worst ever recorded. Major retailers reported a 2.3 percent decline over last year. Ashley Milne-Tyte reports on gas prices and the rest of the usual suspects.
Posted In: Economy, Retail

Finding a place for Iraq refugees

John Dimsdale | May 10, 2007
The United Nations estimates more than 4 million Iraqis have been displaced by the war so far. Just a handful have been allowed to come to the United States. Some in Congress would like to change that. John Dimsdale reports.
Posted In: Washington