Stanford University has received a gift of $100 million from alumni to create a new energy institute. As Janet Babin reports, in these tough times the only road to innovation may be through the private sector.
AOL is adapting to a changing Internet by consolidating all of its Web 'zines under a single unit. The new strategy could lead to more advertising dollars. Janet Babin reports.
The Labor Department says businesses cut 524,000 jobs in December, making the month's unemployment rate the highest it's been in more than 15 years. But Janet Babin reports job figures may improve somewhat later this year.
A panel overseeing TARP will put out a report today on how well the Treasury Department is handling the economic crisis. The report notes the Treasury has given few details about where the money is going. Janet Babin reports.
For the fourth consecutive day, President-elect Barack Obama is speaking publicly about the economy. He's trying to gain support for a two-year stimulus package which he wants to implement by February. Janet Babin reports.
Toyota is shutting down production significantly in the next two months due to poor sales. The company experienced a bigger percentage decline in the U.S. than GM and Ford. Janet Babin reports 2009 could be a tough year.
The House Financial Services Committee will hear today about Bernie Madoff's company and $50 billion pyramid scheme. Lawmakers want to figure out why the SEC didn't catch the fraud. Janet Babin reports.
Some financial experts would tell you to thank your lucky stars for the Term Auction Facility, which has helped keep the rough economy going. Janet Babin explains how by taking us for a walk on the beach.
Credit default swaps are blamed for many of last year's financial crises, including the fall of Lehman Brothers. Now federal regulators are hoping to rein in the $58 trillion market. Janet Babin reports.
You know the little green gecko in the Geiko commercial? Well its real-life model has an amazing ability to attach its toes to any surface, then easily peel them off. Janet Babin reports on the commercial promise of that gecko talent.
