It's been a long time since federal prosecutors have lost a high-profile corporate fraud case. Newsweek's Allan Sloan says it's because government lawyers have finally learned to explain the situation in plain English.
A whole lot of money. Its Q1 profit jumped a jaw-dropping 69 percent. Online advertising continues to produce pretty much all the profits, and the search giant is positioning itself to keep 'em coming.
The Shanghai Index fell 4.5% today on news of China's exploding economy and rising inflation. But Wall Street didn't react. Host Bob Moon gets some insight into what's happening from Eurasia Group director Jason Kindopp.
Creditors have agreed to take a 20 to 30 percent hit and approve a reorganization plan that puts Delta on course to emerge from bankruptcy by month's end. It's great news for Delta — and maybe the U.S. airline industry.
Fortune magazine has posted its annual list of America's largest companies, and this year was their most profitable ever. Some argue that's good news for everyone, but critics point out the profits are made on the backs of low-wage workers.
Popular consensus says we can expect to see slowing profit growth when earnings come out this week, but Allan Sloan says the fact that everyone expects it probably means the slowdown has already been factored into the market.