Small publications are hurting from an increase in postal rates last July, and Congress is holding a hearing on how much they should pay for mailing. But Jeremy Hobson reports a lowered postal rate is unlikely.
The U.S. Patent and Trademark Office wants to change the rules to streamline the processing of new applications. But a lawsuit is threatening to prevent those changes from happening. Jeremy Hobson has more.
The heirs of the A&P supermarket fortune claim a $35 million donation given to Princeton University by their parents in 1961 wasn't used for its intended purpose. Jeremy Hobson reports on the court case that would determine if they can get the money back.
A group of senators is trying to stop the FCC from further loosening media ownership rules. Jeremy Hobson reports why some believe the restrictions are still relevant, despite a growing trend towards online news.
Congress is projecting losses of over $100 billion in housing wealth from the subprime mortgage crisis, and not all of that comes from foreclosures. Jeremy Hobson reports a good chunk of loss comes from falling property values.
Merrill Lynch turned in its first quarterly loss in six years, and the write-downs are a few billion dollars larger than expected. Jeremy Hobson reports big bets on mortgage-related securities are partially to blame.
Airline passengers at JFK airport are used to waiting an hour for take-off -- while boarded on the plane. The Federal Aviation Administration is stepping in to try to fix the problem. Jeremy Hobson reports.