Cell-phone maker Ericsson profits are down more than 25 percent. Kyle James looks into what's behind the company's weak sales — and why they may actually be ahead of the mobile phone industry's earnings curve.
The Nobel Memorial Prize in Economics announced today goes to three American economists whose work fits right in with what's been happening in the markets. John Dimsdale reports.
It's been four years since former Freddie Mac CEO Leland Brendsel was accused of accounting fraud to the tune of billions. Today, he'll have to convince a federal judge that he didn't know he was doing anything wrong. Sam Eaton has more.
Donations from private-equity firms have increased dramatically in the last 10 years. Here are the total amounts contributed and the politicians who have received the most.
Aluminum maker Alcoa gives its third-quarter profit report today. Alisa Roth reports the company's earnings could tell us how far the subprime crisis has reached and the general health of the economy.
The marquee case on the Supreme Court docket for Tuesday pits people who lost money on Enron versus the company's bankers, lawyers and accountants. John Dimsdale reports it'll test how far afield the liability for corporate wrongdoing extends.
There are some signs the credit squeeze might be starting to turn around. Deutsche Bank says the market for a type of security known as CLOs appears to be on the rebound. What's a CLO and why should you care? Amy Scott explains.
Wall Street's layoff count is up to 130,000, which is four times higher than last year. And Amy Scott reports that the ax is likely to fall even further beyond banking jobs.
