Sep 13 Watch New Global Banking Rules in the Works, 2 Years After Lehman’s Downfall Two years after Lehman Brothers collapsed, central bankers from 27 countries agreed to new rules that include substantially raising the amount of capital that banks must hold in reserve in hopes of preventing another global financial crisis. Continue watching
Aug 09 Watch What Happened to Democrats’ Energy, Climate Change Legislation Plans? With the Senate at home for the summer, a clean-energy and climate-change bill appears to be all but dead. For a closer look at what pulled the plug on the legislation, Margaret Warner is joined by environmental writers Darren Samuelsohn… Continue watching
May 06 Watch Musical Tribute to Corporate Enron Scandal Collapses on Broadway A Broadway musical about the fall of the disgraced Enron Corporation is closing after just 15 performances, following a hugely successful London run. Jeffrey Brown reports on the tepid reaction to the play from U.S. critics and audiences. Continue watching
Mar 13 Why Are So Many Companies Collapsing So Suddenly? Question: Can you explain why, when these huge companies collapse, the bleeding isn’t slow and steady? Is it that they cannot forecast months ahead of time and see the end approaching? Or, have they just been operating with leveraged assets… Continue reading
Feb 13 In Case You Missed It: Society’s Ability to Weather Crisis Largely Depends on Leaders’ Positions By Business Desk As the country struggles through an economic crisis, Paul Solman talked to author Jared Diamond about his book “Collapse: How Societies Choose to Fail or Succeed” on Friday’s NewsHour. Read the transcript here. // ]> // ]]>… Continue reading
Sep 26 Watch Largest Bank Failure in U.S. History Preempts Any Bailout Plan Another blow was dealt to the ailing American finance system as Washington Mutual Bank was seized overnight by the U.S. government. By morning its assets were sold off to JPMorgan Chase. Business reporters detail the sudden and drastic move. Continue watching
Sep 17 Watch Minneapolis Bridge Reopens Following Last Year’s Deadly Collapse Thirteen months after a bridge collapse killed 13 people in Minnesota, a new 10-lane structure reopens to traffic Thursday morning. Fred de Sam Lazaro reports on the engineering behind the I-35W's multi-million-dollar reconstruction. Continue watching
Jun 03 Watch ‘Guns, Germs, and Steel’ Author Discusses Costly Crude and the Future of Oil In another of the NewsHour's ongoing 'Costly Crude' series, geography professor and famed author Jared Diamond discusses the future of oil in view of current high prices. Continue watching
May 12 Death Toll in China’s 7.9 Earthquake Nears 9,000 By PBS News Hour A 7.9 magnitude earthquake rocked central China on Monday, killing nearly 9,000 in Sichuan province's Beichuan county and trapping students in at least eight schools, according to the official Xinhua News Agency. Continue reading
Jan 15 Watch Design Flaw Cited in Investigation of Minnesota Bridge Collapse The National Transportation Safety Board revealed findings Tuesday from its probe of last year's deadly Minnesota bridge collapse, citing a design flaw with steel "gusset plates" used to build the structure. NTSB chief Mark Rosenker details the agency's investigation. Continue watching