The U.S. Postal Service says it will lose more than $3 billion this year and $8 billion next year. Can anything be done to save it? Bill Radke gets the views of Los Angeles Times business columnist David Lazarus.
French pharmaceutical company Sanofi-Aventis
is buying Chattem Incorporated, which produces Selsun Blue and Gold Bond products. Bill Radke talks with Les Funtleyder of Miller Tabak + Co. about the nearly $2 billion deal.
While nations are still trying to agree on how to cut emissions, many cities are already taking action. Bill Radke talks to Seattle Mayor Greg Nickels about what the U.S. Conference of Mayors is hoping to accomplish in Copenhagen.
Britain's BP invested more than $1 billion in renewable energies last year, but this year its investment will drop significantly. Bill Radke talks with BP's Howard Chase about what could turn that decision around.
With the Christmas shipping deadline looming, today is the busiest day of the entire year for FedEx. What's the chaos like for those workers? Bill Radke talks with Greg Mullgaard, a manager at FedEx's hub at Los Angeles International Airport.
A key measure of wholesale inflation rose last month at about double the rate economists were expecting. Bill Radke talks with economist Chris Low at FTN Financial about Producer Price Index and why we shouldn't worry about inflation.
Exxon Mobil is buying American firm XTO Energy
in an all-stock deal worth $31 billion, with XTO's position on natural gas being the pull. Bill Radke explores the deal with trader Phil Flynn of PFG BEST in Chicago.
The Red Cross is taking a proactive approach to climate change by setting up a crisis center focused on disaster prevention. Bill Radke talks to Madeleen Helmer, the head of the center, about the program and the Red Cross's hope for Copenhagen.
The U.K. is implementing a one-time, 50% tax on parts of the bonuses banks pay to employees. Bankers are less than thrilled. Bill Radke talks to Andrew Hilton, director of the Center for the Study of Financial Innovation.
