China takes plunge, Wall Street keeps cool

The Shanghai Index fell 4.5% today on news of China's exploding economy and rising inflation. But Wall Street didn't react. Host Bob Moon gets some insight into what's happening from Eurasia Group director Jason Kindopp.

Gates offers nations a lure to get with his programs

Bill Gates says Microsoft will practically give away its software in developing nations that provide computers to kids. He wasn't wearing his foundation hat — it's all about business. Lisa Napoli reports.

Against the pound, dollar's losing its weight

The dollar continues to fall on world markets, especially against the British pound. It now takes two dollars for every pound — a 26-year high. Good for Britain? Not necessarily. Stephen Beard reports.

U.S. should give up control over world bank chief

Commentator Krishna Guha says World Bank President Paul Wolfowitz may be under pressure to resign, but the U.S. wields too much power for him to be fired. It's time, Guha says, for a bank chief from a developing nation.

Chavez's socialism means more classes

In Venezuela, the government of President Hugo Chavez is going to provide workers with four hours of free classes each week — in Marxism. Dan Grech reports.

McCafes on the Champs Elysees?

Parisians can spend hours over a croissant and a cafe au lait. Now McDonald's wants a piece of the action. It's taking its McCafe coffee outlets there. Eleanor Beardsley reports.

NHL's ratings still in the deep freeze

Attendance at its games remains strong, but the National Hockey League's TV audience is a fraction of what it once was. Sports-business analyst Ed Derse discusses the NHL's challenges with host Bob Moon.

Mall goes shopping for public funds

The nation's biggest shopping mall in Minnesota, with more than 500 stores and an amusement park, wants to get bigger. And it wants the government to pay for some of the expansion. Annie Baxter reports.