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Ford plans to make EV batteries in U.S. with Chinese company that developed the tech
Ford's plans to produce electric vehicle batteries based on technology and licensing from China has become a flashpoint in the debate over relations between the two countries.
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4:29
Automakers Head To House With Bailout Appeal
The CEOs of the Big Three automakers are back on Capitol Hill, this time facing skeptics on the House Financial Services Committee. Lawmakers are reaching for solutions as they assert they cannot let the car companies fail, while insisting they aren't writing any blank checks.
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0:00
Road Trip: GM, Ford, Chrysler Travel To Capitol Hill
Congress and the White House say they want to do something to help the nation's automakers, which are close to insolvency. Executives from Ford, GM and Chrysler will be on Capitol Hill on Tuesday to plead their case. But there is no consensus on what to do for Detroit. It may be next year before Washington acts, which the industry fears may be too late.
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Companies Tailor Ads For Recession
The airways, newspapers, magazines are all filled with ads telling you to spend money, despite the hurting economy. Marc Fleishhacker of the ad firm Oglvy & Mather talks with host Jacki Lyden about how companies are trying to get consumers to open their wallets.
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4:00
Federal Reserve Trims Interest Rate Again
The Federal Reserve cuts a key interest rate by a quarter-point amid signs the Fed is wrapping up a rate-cutting spree meant to keep the economy out of a crippling recession. But the Fed's future course will depend on inflation and the weakness of the dollar.
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McCain Backs Limits on Greenhouse Gas Emissions
Presumptive Republican presidential nominee John McCain this week is touting his plans for fighting global warming in the Pacific Northwest. He hopes to win over environmentally minded voters with his plan to reduce greenhouse gases by 60 percent by the year 2050.
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Paulson Calls Global Markets Strained
Treasury Secretary Henry Paulson has said global financial markets are severely strained and quick action is needed to implement the government's $700 billion financial bailout plan. The comments follow global central bankers' decision to cut interest rates.
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Supreme Court Hears Campaign Finance Case
The Supreme Court heard a second round of arguments Wednesday in a case that could transform American politics. The court could reverse decades of its own decisions that have blocked corporate spending on federal candidate elections.
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3:57
Sympathy For Several Devils In 'Among The Lost'
Emiliano Monge's prose is brilliant, but that often obscures the moral questions around his protagonists, both human traffickers who transport their cargo while worrying about their relationship.
A new freight rail line is the first to run through Mexico, the U.S. and Canada
Canadian Pacific is buying Kansas City Southern. The first big railroad merger in decades will create North America's first transcontinental railroad. There are concerns about competition and safety.
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4:16
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