Brazil's JBS, the world's biggest beef producer, is looking to buy two U.S. beef companies: Smithfield Beef Group and National Beef Packing Co. The move would make the Brazilian company the largest beef producer in America. Dan Grech reports.
In spite of a slowing economy, Atlantic City plans to spend almost $10 billion on a new wave of casino projects. The city is betting on a new demographic of gamblers to spruce up the local economy. Joel Rose reports.
Citigroup's shares dropped 4% after the leader of a Dubai-owned investment firm stated that it will take "a lot more money" to rescue the struggling bank. Bob Moon reports on how Middle East investors influence the market.
Federal Reserve Chairman Ben Bernanke called for mortgage lenders to help defaulting homeowners by reducing the principal they owe on their mortgages. John Dimsdale reports banks are reluctant to follow the advice.
The City of London Corporation is worried it may be losing the upper hand to the former Colonies when it comes to international finance. But some say the fuss over top-dog status is all hype, an effort to relax government regulations. Jill Barshay reports.
Overseas capital is increasingly headed elsewhere as the U.S. dollar continues to fall. Future credit will be more expensive, and Americans will have to increasingly rely on their savings. John Dimsdale reports.
Crippled by decades of war, the government of Afghanistan has little or no power to stop illegal or questionable enterprises. Now a classic investment swindle has entagled thousands of Afghans hoping for a brighter future. Gregory Warner reports.
There are now at least two dozen eco-friendly investment funds, but as Sarah Gardner reports, environmental investing comes in different shades of green.
New problems in the municipal bond market are resulting in cities and municipalities paying record-high interest rates. And with cities making less from property taxes, some have no choice but to declare bankruptcy. Jill Barshay reports.
