Wisconsin man salvages printing presses and builds a second career What do you do when all of a sudden you're out of a job? About 20 years ago, Mike Coughlin was fired from his position as a magazine editor in St. Paul. So, Coughlin turned to what he knew and what he loved. But that involved trying to pay the rent with a bunch of machinery that he'd rescued from the scrap heap of printing history.6:55 a.m.
Obama Stays The Course On Terrorist Financing
Though President Obama has changed many of the national security policies enacted by the Bush administration, he has indicated that he plans to stay the course on efforts to track terrorists' money. In January, he asked the Treasury Department official charged with handling terrorism and financial intelligence to remain on the job.
In Afghanistan, A Shifting, Ever-Moving Enemy
U.S. officials say the security situation is deteriorating. More than 17,000 additional U.S. troops are headed to Afghanistan to try to quash insurgent attacks. But military commanders concede they're facing a complex and increasingly proficient insurgency — and it's not always easy to tell who the enemy is.
Book Reveals Bear Stearns' 'House Of Cards'
William Cohan describes the company's meltdown in a new book, House of Cards: A Tale of Hubris and Wretched Excess on Wall Street. Cohan talks about the fall of Bear Stearns and one of the figures in the center of it all: then-Chairman Jimmy Cayne.
Possible Change To Labor Law Ignites Controversy
Two Democratic lawmakers introduced legislation Tuesday that has stirred up a firestorm of debate between business interests and labor groups. The Employee Free Choice Act would amend existing labor law. If passed, workers could form a union if the majority of them sign cards requesting one.
Obama Cuts Funds To Nuclear Waste Repository
President Obama has lived up to a campaign promise by cutting off most funds to develop Yucca Mountain in Nevada as the nation's nuclear waste dump. That leaves the fate of nuclear waste, currently stored at sites throughout the United States, in limbo. It also further diminishes the outlook for nuclear power.
Social Inequities, Discontent Grow In El Salvador
Former Marxist guerrillas have strongly challenged the right-wing ruling party in El Salvador's upcoming presidential elections. Whichever candidate wins, he faces a faltering economy, entrenched poverty, rampant crime and a population that's still recovering from a civil war.
Asian Exports Fall As Consumer Demand Dries Up
As consumers and businesses around the world stop buying so much, demand for the region's products is collapsing. China said exports for February fell a record 26 percent compared to last year. Japan recently announced a 45 percent drop in its exports, and came out with more data on Wednesday showing the falloff in demand.
Job Fairs Help Wounded Veterans Find Work
It's hard to find work in a down economy, but imagine being more than 30 percent disabled from an injury suffered in Iraq or Afghanistan. The Defense Department is trying to help. It's calling on federal employers and those in the private sector to find jobs for the veterans who have been wounded during military service. Terry Gildea reports for Texas Public Radio.
Bob Marley: The Man, The Myth, The Brand
More than 25 years after his death, the singer is still the king of reggae — and a counterculture icon. Now, his family is looking toward its own legacy. Last month, family members announced an ambitious plan to capitalize on the Marley legend by introducing a line of Marley-branded products, including salad dressing and a video game.
Pint-Sized Battle Heating Up Ice Cream Industry
Ben and Jerry's is attacking Haagen-Dazs for its decision to shrink its "pints" from 16 ounces to 14 ounces. Haagen-Dazs justifies the move, saying costs have gone up. Ben and Jerry's says consumers are also feeling the pinch in these hard times, and now more than ever deserve a full pint of ice cream.