November 19, 2012 Wal-Mart, Target and Kmart all celebrate their 50th year of business this year. They were born after prohibitions against volume discounts and set prices broke down. Now the giant chains face one of their biggest challenges — evolving in the Internet age.
November 19, 2012 The White House and Congress continue to work on a deal that avoids the fiscal cliff and cuts deficits in the long run. President Obama wants to raise tax rates for the wealthy. Republicans want to raise revenue by closing loopholes and limiting deductions for high-income people. But could that raise enough money?
November 19, 2012 Myat Thu knew early that he was destined as a cook to make salads. His restaurant on the Thai side of the border with Myanmar specializes in Burmese salads. Thu has been cautiously watching Myanmar's political change, hoping to go home one day.
November 18, 2012 Electric automaker Tesla's new Model S has received a lot of praise from the automotive press for breaking the stigma on electric cars. The challenge for the young, Silicon Valley company is to see if it can get non-car enthusiasts to get behind the wheel.
November 16, 2012 The Environmental Protection Agency says it won't waive a law that requires much of the nation's corn to be refined into ethanol and blended into gasoline. Meat producers say this will drive up food prices, but the EPA says the "ethanol mandate" isn't at fault.
November 16, 2012 An audit found that the agency is on pace to run out of money by September. The Obama administration, however, announced a series of steps to increase revenue.
November 16, 2012 A program that backed lots of mortgages during the housing bust may soon need taxpayer money to make good on its promises.
November 16, 2012 "We are deeply sorry that this could happen," company spokeswoman Jeanette Skjelmose says. The Swedish furniture giant says some of its representatives were aware of what was happening. The work was done during the Cold War.
November 16, 2012 Already in bankruptcy protection, the company has also been dealing with a nationwide strike. It says it can't go on. So 18,500 jobs are being eliminated. And some iconic taste treats may soon be scarce.