Word that Ford is considering going private proved enticing for investors on Wall Street yesterday. Its stock rose more than two percent, but not everyone believes a move to privatize could really happen. Bob Moon reports.
Bank of America is selling its retail operations in Hong Kong and Macao to the Construction Bank of China for $1.2 billion dollars. Jocelyn Ford reports.
Host Scott Jagow and business of sports commentator Diana Nyad discuss where corporate sponsorship of sport venues and events might go next. Is anything in the sporting world not for sale?
Merck is looking to replace its once-popular painkiller Vioxx with a new drug called Arcoxia. But after all the Vioxx lawsuits, are consumers game to try it? Helen Palmer reports.
Workers at some big hotels in Chicago, San Francisco and Honolulu have voted to authorize a walkout if they can't reach a new contract agreement. Ashley Milne-Tyte looks at the potential impact.
First it was Dell. Now Apple has issued a recall for 1.8 million lithium-ion batteries used in its laptop computers. Janet Babin asks are cell phones next?
Under a new sentencing proposal, persistent shoplifters in Britain would no longer be jailed. Retailers have reacted angrily to the plan, Stephen Beard reports.
Host Lisa Napoli and Daily Variety managing editor Michael Speier look at the fallout from Tom Cruise's messy divorce from Paramount Pictures.
Yesterday a group of astronomers in Prague voted to demote Pluto from planet to a new category called dwarf planet. Stacey Vanek-Smith looks at how much it'll cost businesses on our planet.