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Business

A 'Radical' Plan To Cut Military Spending

Defense Secretary Robert Gates talks with troops during a visit April 7 at Camp Victory in Baghdad. Chip Somodevilla/Getty Images hide caption

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Chip Somodevilla/Getty Images

The Federal Budget Crunch

A 'Radical' Plan To Cut Military Spending

As Congress and the White House set a higher priority on cutting the budget deficit, a retired military man sees ways to reap major savings. In a plan he acknowledges as "somewhat radical," former Army Col. Douglas Macgregor proposes slashing the defense budget by 40 percent in just three years.

A 'Radical' Plan To Cut Military Spending

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Wis. Political Split Hardens Into Great Divide

A Tea Party supporter, left, argues with a critic before a rally where former Alaska Gov. Sarah Palin spoke at the Wisconsin State Capitol in Madison on April 16. Darren Hauck/Getty Images hide caption

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Darren Hauck/Getty Images

National

Wis. Political Split Hardens Into Great Divide

No state may be more polarized right now than Wisconsin. That follows the effort by Republican Gov. Scott Walker to eliminate the collective bargaining rights of most public workers there. The gap is most apparent between Wisconsin's biggest cities and its smallest towns.

Wisconsin's Political Split Hardens Into Great Divide

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Energy

Electric Car Gets Its 'Revenge'

The 2006 film Who Killed the Electric Car? implicated oil companies, car companies, government and consumers alike in the failure of electric vehicles to reach mass market. Director Chris Paine returns to talk about his follow-up film, Revenge of the Electric Car, which celebrates the ultimate success of "EV's."

Electric Car Gets Its 'Revenge'

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Energy

Cape Wind Project Wins Construction Approval

A 130-turbine wind farm proposed by Massachusetts' Cape Wind Associates has won construction approval from the Interior Department's Bureau of Ocean Energy Management, Regulation and Enforcement. Cape Wind's CEO Jim Gordon discusses when construction will begin and who will buy the power the farm supplies.

Cape Wind Project Wins Construction Approval

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National

Forget Bake Sales: Schools Turn To Luxe Auctions

Cash-strapped schools across the country are staging swanky events to auction off everything from weeklong Italian vacations to an unwashed Lance Armstrong jersey, which sold for $110,000. "Probably the strangest thing," says one auction organizer, "was the vasectomy for you and your cat."

Forget Bake Sales: Schools Turn To Luxe Auctions

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Peter, Deborah Popular Names For CEOs

If your name is Peter or Deborah, you're more likely to be a CEO. That's what the social networking site LinkedIn found. Other top CEO names: Bob, Jack, Cynthia and Carolyn. It turns out shorter names for males suggest friendliness. For women, full formal names evoke a professional image.

Peter, Deborah Popular Names For CEOs

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The Federal Budget Crunch

Debt Crisis Hangs Over Washington Politics

Vice President Joe Biden begins negotiations next week with House and Senate leaders on a deficit reduction framework. The White House hopes the talks will persuade Congress to raise the ceiling on the federal debt. If the debt limit isn't raised by early July, the U.S. could default on its financial obligations for the first time in history.

Debt Crisis Hangs Over Washington Politics

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NASA Contest Searches For Endeavour's Song

The space agency invited the public to submit original songs to be played for Endeavour's crew. More than 1,000 entries came in and a shortlist was put to a public vote on the Internet. Two songs are tied. The tune that gets the most votes will be played on the last day of the mission when the crew wakes up for landing.

NASA Contest Searches For Endeavour's Song

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Warren Buffet Hosts 'Woodstock For Capitalists'

The annual shareholders meeting of Berkshire Hathaway takes place this weekend in Omaha, Neb. The company is run by Warren Buffet, and the meeting is referred to as the "Woodstock for Capitalists." Financial journalist Roger Lowenstein talks to Renee Montagne about why the faithful come from far and wide to hear from the Oracle of Omaha.

Warren Buffet Hosts 'Woodstock For Capitalists'

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News Corp. Likely To Take A Loss On Myspace Sale

Bids to buy Myspace from News Corp. are due Friday. The parent company will likely be selling the site for hundreds of millions of dollars less than it originally paid. MySpace, the one-time social network powerhouse, was eclipsed in recent years by Facebook.

News Corp. Likely To Take A Loss On Myspace Sale

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Storms Cripple Businesses In The South

A number of car factories and aerospace plants have shut down temporarily, and some coal mines have suspended production. At a Mercedes Benz plant in Alabama, the damage wasn't bad, but managers closed the plant so workers could take care of their families.

Storms Cripple Businesses In The South

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As Gas Prices Rise, Oil Company Tax Breaks Debated

Exxon said its profits soared 69 percent during the first three months of 2011. Donna McWilliam/AP hide caption

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Donna McWilliam/AP

National

As Gas Prices Rise, Oil Company Tax Breaks Debated

With gas prices mounting in recent weeks — in some states, they top $4 a gallon — the large tax breaks offered to oil and gas producers are falling under tighter scrutiny from Washington.

As Gas Prices Rise, Oil Company Tax Breaks Debated

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