A government watchdog says widespread corruption and a lack of coordination is hampering reconstruction in Iraq. A Special Inspector General is set to testify today before a Senate committee. Amy Scott reports.
While the world's attention is focused on the crisis in Lebanon, Stephen Beard reports the economic situation in another troubled part of the Middle East is growing increasingly dire.
Chinese army inspectors have launched a campaign against corruption that's eating up about $36 billion from the country's growing defense budget this year. Jocelyn Ford reports.
In what could be a preemptive strike to counter poor earnings out today, Time Warner plans to announce yet another turnaround plan for its troubled AOL unit. Amy Scott reports.
US automakers are banking on the appeal of smaller SUV cross-over vehicles in an effort to avoid disappointing sales figures like those released yesterday. Stacey Vanek-Smith reports.
Cuba's government says Fidel Castro is in stable condition this morning, but if he dies, there could be another exodus of Cubans to Miami. Dan Grech takes a look at the economic impacts from past inflows of Cuban exiles.