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Tuesday, June 24, 2008

Amazon Tax Strategy Raises Questions

Amazon doesn't pay sales tax in most states, even some where it has warehouses or distribution centers. But it now faces questions about the legal strategy it uses to avoid collecting those taxes. Portals columnist Lee Gomes reports. (June 25)

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Leave NAFTA Alone

Drew Carey: Mexicans aren't taking our jobs. Courtesy of reason.tv.

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Californians Install Bigger Tanks for Mexican Gas

With fuel prices on the rise, some drivers head to Mexico, where they are able to save as much as $2 a gallon -- a way cheaper alternative to gas prices approaching $5 a gallon in California. WSJ's Joel Millman reports. (June 24)

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Preview of Wednesday's FOMC Meeting

Barron's Online Editor Randy Forsyth talks to Bob O'Brien about what to expect from the Fed at tomorrow's FOMC meeting. Rising inflation and weak economy will impact its message. (June 24)

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Housing Correction Steep and Swift

The correction in the housing market is happening much faster than usual, thanks to Wall Street's relationship to the recent lending spree. USC real estate economist Delores Conway says the turnaround will be much slower. Stacey Delo reports.

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Kotecki- 06/24/08

John McCain doesn't need to use computers to understand them, Muslim voters feel snubbed, Karl Rove makes Barack Obama's elitism accessible to average Americans, and I plug my unpaid internship program.

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Kotecki- 06/24/08

John McCain doesn't need to use computers to understand them, Muslim voters feel snubbed, Karl Rove makes Barack Obama's elitism accessible to average Americans, and I plug my unpaid internship program.

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McCain and Obama on Oil Prices

JER on Fox News Channel, Sat. 11 pm ET, Sun. 6 am ET.

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Berman- Investment Banks Should Buy Commerical Banks

Deals Editor Dennis Berman says invesment banks should buy commercial banks for their own stability, if both types of banks will be regulated similarly by the Federal Reserve. (June 24)

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Chaos in Zimbabwe Ahead of Election

Violence in Zimbabwe increases as the June 27th election approaches. Long-time president Robert Mugabe is facing international pressure to call off the vote. Video courtesy of Reuters (June 24)

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McCain Proposes Prize for Electric Car Battery

To fight climate change and reduce oil dependency, John McCain proposes a $300 million prize for a better electric car battery. Video courtesy of Fox News (June 24)

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Playback 6/24/08

Too much straight talk?

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Markets Are Bearish; Housing Is Still Weak

Wall Street is bearish as crude flirts with $138 a barrel and UPS issues a profit warning; home prices are off 15.3% in the past year; and the Fed meets to discuss monetary policy. (June 24)

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T Magazine- 'Soar' by Norbert Schoerner

Norbert Schoerner explores the meaning of space in the vast, otherworldly landscape of Namibia's Namib-Naukluft National Park.

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Clinton's Backing Obama

Senator Hillary Clinton has returned to the Capitol but soon she'll be back on the campaign trail, this time with Barack Obama. Susan Roberts has the latest from Washington on the presidential race.

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Nicholas Kristof On Zimbabwe

Only The Web: Katie Couric speaks with New York Times columnist Nicholas Kristof about the deepening crisis in Zimbabwe and what the international community should be doing in response

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Teaching Tolerance

Modesto, Calif. is the only public school district in the nation that requires students to learn about the major religions. John Blackstone reports on a model that may benefit Americans.

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More Homeowners Selling Short

With home prices plummeting nationwide, more homeowners are opting to sell their homes for less than what their mortgage is worth. Anthony Mason reports on an alternative to foreclosure.

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Israel Poised To Strike Iran

Israel has made it clear it intends to end Iran's nuclear program with or without U.S. support ? and before President Bush leaves office. David Martin reports on mounting tensions in Mideast.

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Female 4-Star General?

For the first time in history, the U.S. may appoint a female 4-star general. Lt. Gen. Ann Dunwoody still needs to be approved by the Senate. But as Katie Couric comments, she deserves to be saluted.

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Frugal Destination Weddings

Antonia van der Meer, editor-in-chief of Modern Bride magazine explains to Julie Chen how to make a destination wedding look like celebrity chic but on a budget.

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Are You Hooked On Facebook?

Online social networking websites like Facebook and Myspace have soared in popularity but are some people spending too much time on these sites to the point of addiction? Hattie Kauffman reports.

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Surviving The Big Squeeze

Severe floods in the Midwest have made food costs rise across the U.S. With gas prices edging higher and the housing crunch worsening, the perfect economic storm could be upon us. Julie Chen reports.

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Aide- Attack Would Help McCain

Sen. John McCain has disavowed remarks by a top adviser that another terror attack would benefit his campaign. Harry Smith talks with Jeff Greenfield about the contentious statement.

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Wind Turbines In Cowboy Country

They say "everything is bigger in Texas" and that goes for wind turbines as well. Power companies are leasing land to build them and the sales have sparked an influx of money and controversy. Hari Sreenivasan reports.

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Radio Sawa Report

Hamid Alkifaey was a managing director for Al Hurra. He says that after he left, Radio Sawa broadcast a story in which an unidentified speaker called for the deaths of more U.S. soldiers in Iraq.

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Al Hurra's Baghdad Bureau

Dany Nassif is Al Hurra's current news director, his first job in television news. We interviewed him shortly after Al Hurra's Baghdad bureau chief resigned.

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Evening News Pt. 1

Tuesday: Wildfires overwhelm California; homeowners selling short; Israel prepares to strike Iran; Zimbabwe's political crisis; America's struggling middle class; and teaching religious tolerance.

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Evening News Pt. 4

Tuesday: Wildfires overwhelm California; homeowners selling short; Israel prepares to strike Iran; Zimbabwe's political crisis; America's struggling middle class; and teaching religious tolerance.

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Evening News Pt. 3

Tuesday: Wildfires overwhelm California; homeowners selling short; Israel prepares to strike Iran; Zimbabwe's political crisis; America's struggling middle class; and teaching religious tolerance.

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Oil Regulators In Hotseat Again

The acting chairman of the Commodities Futures Trading Commission, William Lukken, faced angry members of Congress who want to know if he can do something to lower gas prices

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Real Estate Advice

Dave Ramsey offers advice for how to juggle some tough economic decisions. He also talks to Maggie Rodriguez about where real estate is good to buy and good to sell.

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