Firms specializing in buyouts indirectly employ more than five million Americans. And unions are increasingly looking to shore up gains by making concessions to the new economic powers. Steve Henn reports.
Despite today's conciliatory air at the start of negotiations between the United Auto Workers and big automakers, UAW President Ron Gettelfinger said he isn't interested in concessions. Alisa Roth reports on the big issues on the table.
New York City's Chanterelle restaurant offers menus decorated with limited-edition art, a 5000-bottle wine cellar and some of the best cheese in the world. Better have a good fromager.
Beauty products seller Avon announced it's laying off an undisclosed number of employees and shipping others overseas. Seems its business model is a great fit for emerging markets like China's. Jill Barshay reports.
A survey finds at least one in 12 workers used illicit drugs every month. But one expert says marijuana isn't the biggest danger to health and safety. It's abuse of prescription drugs. Janet Babin reports.
The big movie and TV studios wants to come up with a new formula for how residuals are paid to writers, actors and directors get when their work is rebroadcast, but they could have a big fight on their hands. Ashley Milne-Tyte reports.
The U.S. Postal Service has been handing more and more delivery routes to private contractors and letter carriers don't like it. Yesterday they agreed on wages and benefits, but the use of outside contractors still needs to be addressed. Jill Barshay reports.
Educated young women in East Germany are moving away in search of opportunity in the West and other parts of the world. Kyle James reports on the impact their migration is having back home.
Major League Baseball's rosters are increasingly being filled by foreign-born players, and that trend has translated into a new job opportunity for people fluent in certain languages, including baseball, Nancy Farghalli reports.
