Jun 17 Watch Tyco Trial Guilty Verdict A jury found former Tyco International executives Dennis Kozlowski and Mark Swartz guilty of fraud and grand larceny for stealing $150 million from the company and making $430 million more by manipulating stock prices. Continue watching
Jun 15 Watch Raising Tax Cap Explored as Way to Close Social Security Gap By PBS News Hour The possibility of raising the cap on payroll taxes may help to close the Social Security gap, but the option could pose other problems. Business correspondent Paul Solman examines both sides of this proposed solution. Continue watching
Jun 15 Watch Five-Member Labor Coalition Forms to Force Change The heads of five of the AFL-CIO's largest affiliates announced Wednesday that they would break from the labor union federation to form their own coalition in an effort to boost membership. Continue watching
Jun 10 Citigroup Settles Enron Lawsuit for $2 Billion By PBS News Hour Citigroup Inc., the nation's biggest financial institution, has agreed to pay $2 billion to investors in a class-action lawsuit accusing the company of helping energy giant Enron doctor its financial statements and create off-the-books partnerships. Continue reading
Jun 07 Automaker GM Plans to Cut 25,000 Jobs, Close More Plants By PBS News Hour General Motors Corp. announced Tuesday it plans to close more assembly and component plants by 2008, a move that would likely eliminate 25,000 U.S. manufacturing jobs. Continue reading
Jun 07 Watch Members of Congress, Airline Industry Push for Changes in Airline Pension Plans Two airline companies warned Congress that they could go bankrupt if they are not allowed to stretch their pension payments. Ray Suarez leads a discussion on the rising number of failing pension plan. Continue watching
Jun 02 President Nominates California Congressman to Head SEC By PBS News Hour President Bush on Thursday nominated Rep. Christopher Cox, R-Calif., to lead the Securities and Exchange Commission after current Chairman William Donaldson announced his departure effective June 30. Continue reading
May 31 Watch Russian Oil Tycoon Convicted of Fraud and Tax Evasion A Moscow court sentenced Mikhail Khodorkovsky, founder of Russian oil company Yukos, to nine years in prison after finding him guilty of fraud and tax evasion. President Bush questioned the fairness of Khodorkovsky's trial and expressed concern over Russia's judicial… Continue watching
May 24 Watch Famed Economist Galbraith Helped Shape American Economic Policy Business Correspondent Paul Solman of WGBH-Boston looks at the impact of famed economist John Kenneth Galbraith. Continue watching
May 20 US Air, America West Announce Plans to Merge By PBS News Hour America West Holdings Corp. agreed to merge with US Airways Inc. in a deal announced Thursday to help the airlines compete with low-cost carriers. Continue reading