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Latest Stories

Latest Stories

UK housing market

May 9, 2006
It's still a seller's market in Britain, thanks largely to super-rich buyers looking for prestige homes. Commentator David Wells argues that wealth does not always translate into good taste.

Big brother or security tool?

May 8, 2006
Many large corporations run background checks on potential hires, but now some employers are going even further. They're keeping regular tabs on their employees — long after they're hired. Sarah Gardner reports.

Wachovia heads west, stock heads south

May 8, 2006
Wachovia made a $25 billion offer for California's Golden West Financial today. But the deal gets the banking giant deeper into the mortgage business and investors are questioning the timing as the housing boom slows. Amy Scott reports.

High-end computer maker hits bottom

May 8, 2006
Silicon Graphics filed for Chapter 11 bankruptcy today. Its super-fast computers were once used to make special effects for blockbuster movies, but the increasing power of cheaper computers has put a crimp on sales. Jeff Tyler explains.

No more Disney in your Happy Meal

May 8, 2006
We learned today that Disney will drop its decade-long promotional partnership with McDonald's. But McDonald's says the break-up has nothing to do with childhood obesity. From New York, Bob Moon has the story.

Sloan Sessions: NYSE's second offering

May 8, 2006
Newsweek Wall Street editor Allan Sloan looks at the impact of the New York Stock Exchange offering stock of its own.

Is Boink the next Playboy?

May 8, 2006
Sean Cole reports on a new magazine by and for college students about one of their favorite topics: sex.

For public good, not for profit.

Quarterly earnings run

May 8, 2006
This corporate earnings season marks at least the 10th straight quarter of double-digit earnings growth. Bob Moon takes a look at what's behind the trend.

Showtime and the Smithsonian

May 8, 2006
The Smithsonian Institute's board of regents today reviews a controversial contract that gives Showtime the right to block some independent filmmakers from accessing Smithsonian archives. Ashley Milne-Tyte reports.

Rockin' in the free world

May 8, 2006
Warner Brothers is scheduled to release a CD of protest songs by Neil Young today, weeks earlier than originally planned, possibly because Young was giving the songs away on his Web site. Jeff Tyler reports.