Business

Economy

CEO Marchionne Drives Chrysler's Dramatic Turnaround

9:11am January 18, 2013

With the global auto industry gathered in Detroit this week for the city's renowned auto show, Renee Montagne talks to Chrysler CEO Sergio Marchionne about his company's stunning turnaround, manufacturing overseas and a Chrysler IPO.

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Car companies are picking up automobile concepts such as this Lexus SL 600 Integrated Safety driverless research vehicle, shown at the Consumer Electronics Show in early January in Las Vegas.

Bump On The Road For Driverless Cars Isn't Technology, It's You

1:07am January 18, 2013

by Sonari Glinton

New technology is getting us closer and closer to the point where cars will drive themselves. Automakers are testing and refining systems that will make this happen. But our love for control may keep us from riding in these cars anytime soon.

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Homebuilding Is Booming, But Skilled Workers Are Scarce

6:29pm January 17, 2013

by Yuki Noguchi

More than 2 million construction jobs disappeared during the economic downturn. But now that there are indications the sector is rebounding, the industry is actually experiencing a labor shortage in many parts of the country.

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John Mackey is co-CEO and co-founder of Whole Foods Market and co-founder of the nonprofit Conscious Capitalism, Inc.

Whole Foods Founder John Mackey On Fascism And 'Conscious Capitalism'

3:51pm January 17, 2013

by April Fulton

The outspoken Whole Foods founder tells us why he hates "Obamacare" and why we have trouble cutting the sugar, fat and salt out of our diets. But now he's told CBS he used a poor choice of words when referring to the health law as fascism.

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FAA Grounds Boeing's New Jetliner In The U.S.

11:11am January 17, 2013

by Wendy Kaufman

Most of the world's 787 jetliners are not flying. The Federal Aviation Administration announced late Wednesday it was grounding the U.S. fleet of Boeing's flagship airliner until it's confident the planes are safe. As expected, other countries then grounded their airplanes too.

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Is Herbalife A Pyramid Scheme?

6:34pm January 16, 2013

by Jacob Goldstein

A hedge fund manager is betting $1 billion that it is. The company denies it. It's remarkably difficult to tell who is right.

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Facebook CEO Mark Zuckerberg speaks at Facebook headquarters in Menlo Park, Calif., on Tuesday.

Economy

'It's About Time': Facebook Reveals New Search Feature

8:47am January 16, 2013

by Laura Sydell

The "graph search" feature, which will let users comb their friends' pages for everything from travel tips to restaurants they like, gives the company a path to grow its revenue but could also add to privacy concerns. Most analysts don't see the new feature as a direct threat to Google — for now.

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Chaim Gross, 24, is known as "Patient Zero" at his company Zeno Radio. About half of the workers have fallen ill in the past couple of months.

Health & Safety

Sick Workers' Dilemma: Stay Home Or Go To Work?

8:18am January 16, 2013

by Ailsa Chang

The earliest flu outbreak in years continues to claim victims. Businesses are taking a hit, too. They're faced with an unsolvable problem: If they tell too many sick employees to stay home, the work doesn't get done; those who do come to the office can spread germs.

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Sports

Who Are The Real Victims Of The NHL Lockout?

5:59am January 16, 2013

by Mike Pesca

The NHL season is expected to start Saturday. A lockout cut in half the number of games to be played and many worried it would cause economic hardship. But that is not necessarily the case.

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With Redesigned Corvette, GM Ushers In New Era Of American Sports Car

10:24am January 15, 2013

by Sonari Glinton

General Motors unveiled the new 2014 Chevy Corvette at the Detroit Auto Show, reviving the long-dormant Stingray name. But with sales of the current Corvette struggling, the company's challenge is to find new customers both now and in 10 years.

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