CD sales are at another record low, but Aaron Pressman of BusinessWeek magazine says it may just be because our attention is elsewhere. He discusses the music industry with Bob Moon.
After being turned away by the London Stock Exchange earlier this year, the NASDAQ has found a willing transatlantic partner in Stockholm's OMX exchange. And we'll probably see more consolidation ahead says economist Andrew Hilton.
The fizz is going out of soda profits, but Coca-Cola has a plan B. There's news today that the soft drink maker will shell out $4.2 billion for bottled water giant Glaceau, best known for its smartwater and vitaminwater brands.
Wealthy investors are running out of things to buy and that's created a market for some unusual hedge funds. They don't always make it off the ground, but the violin fund may actually be going places, says James Mackintosh.
Alan Greenspan yesterday warned that he fears China's skyrocketing stock market is due for a dramatic correction. That sent prices down on Wall Street and in Europe, but investors in Shanghai barely seemed to notice.
Why do some pharmaceutical shares tend to experience significant ups and downs just before a doctors' conference? It's not coincidence. Bob Moon reports.
From your cell phone to the gas pump, technology is making it easier than ever to watch games and get sports news just about anytime, anywhere. And that's nudging the industry ever closer to the entertainment model, says David Carter.
Democrats say they're close to an agreement to roll the AMT off the middle class and back to its original intent: to tax the very wealthy. Republicans have promised to fight such a move, but that could push swing voters away these days, Bob Moon reports.
A report today from the Commerce Department showed prices rose 2.4% in March over last year, and that consumer spending was down in terms of what we got for our money. How will the Fed react? Bob Moon reports.
A new survey finds nearly all physicians report some type of relationship with the pharmaceutical industry — everything from getting free food to "professional services." Bob Moon reports.
