Retail

U.S. and Chinese regulators are expected to adopt new standards to prevent products containing lead paint from entering the United States. But, as Amy Scott reports, with the holiday shopping season approaching, the toy industry is taking matters into its own hands.

Disney and Toys "R" Us are among the companies hiring engineers to test toys at random from off the shelves. This will add a layer of security -- and most likely a layer of cost. Alisa Roth reports.

Beijing safety regulators are meeting in Washington today to discuss China's need to ensure safety of its products. As Scott Tong reports, the problem with fulfilling these mandates may come from the country's lack of manpower.

Lawmakers will hold hearings later this month into why so many tainted Chinese imports have been showing up on store shelves. Mattel CEO Bob Eckert and a government agency will be on the hot seat. Janet Babin reports.

A recent report called the Smithsonian gift shops underperforming and poorly run, so the museum is considering outsourcing them. But the folks doing the job now say they're being unfairly compared to commercial retailers. Jeremy Hobson reports.

Wheat prices have hit a record high. The immediate reason is bad weather in western Europe, Australia and parts of the U.S. But John Dimsdale reports there are long-term trends that will keep wheat expensive for a while.

When we heard about the latest Mattel recall of 800,000 imported Chinese toys, we asked some consumers to tell us their reactions. Their responses could be Mattel CEO Bob Eckert's worst nighmare.

Mattel has announced yet another recall of toys made in its factories in China. That's the third time in five weeks, but some in the industry are saying don't be too quick to put the blame on Chinese factories.

What'd you pay for that grill? As you enjoy a long weekend and Labor Day barbeques, Robert Reich suggests you think about how we as a nation traded in a unionized workforce with the bargaining clout to get higher wages for cheap goods and services.