The town of Tusuyan, Ariz. only has about 500 people, but Italian developers spent over $300,000 to influence a local election. The real reason: the town is situated a mile from the Grand Canyon. Claudine LoMonaco reports.
The volcanic ash that's wreaking havoc in Europe is having an economic impact in the U.S. Companies are reporting inventory levels falling to dangerously low levels as supplies sit in European airports. Mitchell Hartman reports.
Ash from an Icelandic volcano eruption has made it too dangerous for planes to fly. Britain shut down its airspace for the first time in its history and several other European nations followed suit. Stephen Beard reports.
With the weather finally warming up, some shipping lanes in the Great Lakes have thawed out. That means there's hope that the local shipping industry may get busier very soon. Tony Arnold reports.
The Peninsula Hotel had its grand opening in Shanghai after its parent company was forced to take a 60-year hiatus. Scott Tong tells the story of the hotel's hey days in the 20s and 30s and how it's making its comeback now.
In Washington, D.C.'s Virginia suburbs, commutes of two hours each way are not uncommon. That puts a huge strain on local businesses, which are beginning to blame the state's Republican leaders. David Schultz reports.
New York City begins a program today that will enable passengers to share a cab with total strangers along three specific routes. Jeremy Hobson spoke with passengers and cabbies who aren't so fond of the idea.
