World News Center
Obama's bridge, train and road fix
September 8, 2010Government transportation spending is full of costly boondoggles.
The nearly forgotten Mariner explosion is just as bad as the BP oil spill
September 8, 2010It's never a good time for an oil rig to blow up in the Gulf of Mexico, but Mariner Energy's Vermillion 380 platform couldn't have gone off at a worse time. The government and the media were already scrutinizing offshore drill production in an unprecedented way. Thirteen unlucky workers were ejected off of Vermillion into the water last week. And Mariner inadvertently became the latest part of a national political debate about the safety of offshore drilling.
Big bank bloodbath fears. They're ba-ack!
September 8, 2010Have you looked at how big bank stocks have done in the past few months? If so, you can be forgiven if you break into a cold sweat and start worrying about a repeat of the fall of 2008.
Google launches live-updating 'Instant' search
September 8, 2010One of the Internet's most iconic images -- Google's search screen -- is being overhauled.
Do unemployment checks keep the jobless at home?
September 8, 2010Does allowing the jobless to get nearly two-years of unemployment checks give them an incentive to not work?
Treasury prices swing wildly on double-dip fears
September 8, 2010As economic reports and expert opinions offer varying views on whether the country is headed for recovery or a double-dip recession, the bond market is moving at the slightest provocation.
Why the Gates Foundation aims to knock out polio
September 8, 2010Jeff Raikes worked with Bill Gates at Microsoft, most recently as president of the business division, for almost 29 years before joining the Bill & Melinda Gates Foundation as CEO in 2008. The last two years, he's worked building relationships with partners of the $33 billion foundation.
Stocks loose steam after dour Fed report
September 8, 2010Stocks rose but pared back gains from earlier in the session Wednesday, after a report from the 12 Federal Reserve districts showed widespread signs of slower economic growth.
Follow the smart money -- and the crowd
September 8, 2010Hedge fund manager Bill Ackman banked a $1 billion profit in 2008 on MBIA after waging a multiyear campaign against the municipal bond insurer. No one expected him to replicate his performance anytime soon.
Hurd could get $10M bonus from Oracle
September 8, 2010Oracle Corp. said Wednesday it will pay its new co-president, Mark Hurd, an annual salary of $950,000 and that he could receive a bonus of up to $10 million.
