Jun 23 Watch New U.S. Trade Chief Discusses China, CAFTA Rob Portman, the new trade representative, discusses the U.S. trade deficit with China and the controversial Central America Free Trade Agreement. Continue watching
Jun 20 Watch Credit Card Security Breach After MasterCard International announced that a security breach at CardSystems Solutions Inc., a third-party payment processor, exposed more than 40 million cardholders to potential fraud, CardSystems Solutions admitted it improperly kept consumers' data in its system. Continue watching
Jun 17 Tyco Executives Convicted of Stealing From Company By PBS News Hour A New York jury found former Tyco International executives Dennis Kozlowski and Mark Swartz guilty of fraud and grand larceny for stealing $150 million the company and reaping $430 million more by covertly selling company shares. Continue reading
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