The fall of gentrification

The housing bubble may be leaking, but some big cities are still gentrifying like it's 1999. High-end development is now forcing out even middle-income workers and that's not going to be good for anyone, including business, warns Angela Glover Blackwell.

Selling British stereotypes

American advertisers love a good British accent to polish their commercials. You don't say. What's behind the trend? Ashley Milne-Tyte tells us, in her own charming British lilt.

NBC tries to catch up to new media realities

A 36-year-old wunderkind is being elevated to co-chair at NBC, charged with figuring out how to lift the Peacock Channel out of fourth place. The internet and "long tail" marketing may be key. Alisa Roth reports.

Pepsi hires junk food nemesis

Soft drink and snack giant PepsiCo has brought one of the junk food industry's most outspoken critics on board to look out for consumer wellbeing. An unlikely match, but probably not a case of "healthwashing" says Stephen Beard.

California says EPA is stalling

A dozen states want to adopt tougher vehicle emissions standards, but they're waiting on the EPA's go-ahead. And after more than a year and a half, California's getting impatient. Sarah Gardner reports.

Detroit gets serious about health insurance

Funny what labor and management are capable of when both sides are afraid of losing big. Detroit's Big Three automakers and the United Auto Workers may have actually found a win-win solution to fast-rising health care costs. Steve Tripoli has details.

Project Turquoise has the green light

The London Stock Exchange may find some serious competition around the corner. A new E.U. law has paved the way for alternative markets and plans for a rival exchange dubbed Project Turquoise are progressing nicely, Alisa Roth reports.

Wolfowitz out, Zoellick in

President Bush's choice of former lead U.S. trade negotiator Robert Zoellick to serve as the next president of the World Bank is already getting a positive reaction from other countries.