Time Inc. plans to sell 18 of its smaller, but still profitable magazine titles in an effort to refocus its publishing strategy. Rachel Dornhelm looks at what's behind the sale.
The price for Hewlett Packard stock has rebounded amid an on-going scandal involving the company's chairwoman. Investors see it as inconsequential to the company's financial outlook, Rachel Dornhelm reports.
Oil prices dropped below $67 a barrel today, a long way from the recent high prices that approached $80. But despite falling prices, stock markets have barely reacted. Rachel Dornhelm reports.
The department store chain is converting venerated brands like Marshall Field's and Filene's to the Macy's nameplate on Saturday. And some customers are protesting. Rachel Dornhelm reports.
General Motors has increased the warranty on all of its 2007 passenger vehicles to five years and 100,000 miles in a move the automaker hopes will boost sales. Rachel Dornhelm reports.
Many rank-and-file members of the AFL-CIO question why their union is pushing for legalization for undocumented day laborers. But proponents say the move is a sign of things to come. Rachel Dornhelm reports.
