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Wednesday morning, August 30, 2006

Displaced poor likely to stay where they land

Commentator Robert Reich argues that despite all the rebuilding efforts a year after Hurricane Katrina, little has been done to help New Orleans' displaced poor.

Hotel forced to change business strategy

A year ago, Hurricane Katrina's 30-foot storm surge essentially wiped the town of Waveland, Mississippi off the map. Dan Grech revisits the Coast Inn and Suites to check in on its reconstruction.

Trying to get Bally in shape

Dissident shareholders are preparing for a possible bid to put Bally Total Fitness on the sale block after years of disappointing revenue. Ashley Milne-Tyte reports.

Kraft, Philip Morris splitting up?

Altria, the parent company of Kraft Foods and cigarette-maker Philip Morris, is under pressure from shareholders to separate the two companies. Janet Babin reports.

Immigration field hearing

The Senate takes its immigration field hearing tour to Colorado today to examine the impact of illegal immigration on state and federal budgets. Scott Tong reports.

Tag-team parenting grows

A new report says an increasing number of married couples have become "tag-team" parents, working different shifts to take turn watching the kids to help ends meet. Nancy Marshall Genzer reports.

Don't forget the coffee

Starbucks is planning a big marketing push to get consumers to drink its . . . coffee? Jason Paur explains.

iPod manufacturer sues journalists

The Taiwanese company that manufactures Apple's iPod is suing two journalists for $3.5 million for writing that it had poor working conditions in its factory. And the journalists' assets have been frozen, Jocelyn Ford reports.

Controversy over UK super-casino

A public hearing opens in Britain today to decide who will run the UK's first Vegas-style casino. Controversial US billionaire Philip Anschutz is the frontrunner. Stephen Beard has the story.

IMF to give China more power

The International Monetary Fund is giving itself a makeover and one of the expected changes would give China more influence and voting power. And the Bush Administration is among those pushing for the change. Scott Tong tells us why.

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