Nov 19 U.S. Defends Quotas on Chinese Textiles The Bush administration's decision Tuesday to set new quotas on Chinese textiles has angered China and may have led to the country suspending expected purchases of U.S. farm products. Continue reading
Nov 07 Unemployment Rate Drops to 6 Percent The unemployment rate dropped for the first time in three months, inching down from 6.1 percent to 6 percent. Continue reading
Nov 07 Sony, Bertelsmann Announce Plans to Merge Music Units Entertainment giants Sony Corp. and Bertelsmann AG announced plans to combine their music units in an effort to bolster profits amid declining CD sales and widespread Internet piracy. Continue reading
Nov 07 Watch Reading the Numbers The Labor Department revised its initial estimates and reported that the American economy added 286,000 new jobs between August and October. Despite this good news, 8.8 million people were still unemployed last month. Ray Suarez dissects the latest numbers with… Continue watching
Nov 06 Watch Street Cop: Eliot Spitzer New York state Attorney General Eliot Spitzer has become perhaps the most vigorous enforcer of the rules against corporate wrongdoings in America. Paul Solman speaks with Spitzer about his efforts to combat Wall Street's abuses and his recent testimony at… Continue watching
Nov 05 Watch Rewriting the Rules for the New York Stock Exchange New York Stock Exchange interim chairman John Reed made public his proposal for additional oversight boards and more institutional transparency. Ray Suarez reports on the reforms and then gets additional perspective from John Coffee and Joel Seligman. Continue watching
Nov 04 Watch Changing the Ergonomic Furniture Rules? Business leaders in Washington state are seeking support for an initiative on the ballot that would reverse requirements making all employers equip their offices with ergonomically correct furniture. Lee Hochberg of Oregon Public Broadcasting reports. Continue watching
Nov 03 Jailed Khodorkovsky Resigns As Head of Yukos The head of Russia's oil giant Yukos, Mikhail Khodorkovsky, announced Monday he resigned as CEO of the company nine days after his arrest on charges of tax evasion and massive fraud. Continue reading
Nov 03 Watch Mutual Funds Fraud Paul Solman reports on the investigation into corporate misconduct in the mutual fund industry. The probe has widened after two top executives resigned under suspicion of fraud. Continue watching
Oct 30 Watch Surging Numbers The U.S. economy grew at its fastest pace in nearly 20 years in the third quarter, registering a growth rate more than double the second quarter's advance, the government reported Thursday. Economists offer perspective on the forces driving the new… Continue watching