In Europe, nine makers of consumer products are suspected of colluding to keep prices high. The companies could face billions of euros in fines if France's Competition Council finds them guilty. Rene Gutel reports.
European commissions have delt Microsoft a $1.3 billion fine for failing to obey an antitrust order. The penalty, which is the largest ever in Europe, comes on top of a series of similar, earlier fines. Stephen Beard report.
Societe Generale managed to report a $1.3 billion profit last year — an 82 percent drop on the year before, thanks largely to the faux pas of trader Jerome Kerviel. Stephen Beard reports more red flags tagged in his case.
The Cato Institute is petitioning for the legal sale of human kidneys as a way to snuff out the kidney black market. Nancy Marshall Genzer reports the ethical issues involved and the recommended selling process.
National law in China says kids under 18 aren't supposed to be in Internet cafes and that online games breed juvenile crime. Bill Marcus reports the government crackdown could hurt the cafes' business.
Several hundred wealthy Germans are suspected of evading taxes with the help of a bank in Lichenstein. Scott Jagow talks to reporter Brett Neely in Berlin about the scandal and the "sport" of tax evasion.
British Parliament member Derek Conway has been suspended for misusing public funds after he paid his son over $80,000 for work he did not do. The scandal has led to demands for transparency to fight what some consider is a tradition of corruption in Parliament. Steven Beard reports.
U.S. and Italian police have arrested 60 people in the biggest mafia crackdown in 20 years, targeted to cut renewed ties between New York's Gambino family and Sicilian mob bosses. Ashley Milne-Tyte reports on the current state of mob activity in the U.S.
A report out from France's finance ministry identified several flaws in SocGen's risk management and warning signals the bank should have seen. Stephen Beard tells us what signs SocGen should have spotted before the scandal.
Prosecutors of Jerome Kerviel say the Societe General trader could face fraud charges, but Kerviel's defense claims the bank used him as a way to divert attention away from subprime issues. Stephen Beard reports.