Robert Siegel speaks with Tim Blood, managing partner of the law firm Blood, Hurst & O'Reardon, about the class-action suit accusing Kellogg's of making false claims in its Frosted Mini-Wheats advertisements, as well as other cases he's pursued. Blood talks about what kind of people file these suits, and why.
Retired Gen. David Petraeus is headed to Wall Street where he will join Kohlberg Kravis Roberts, a firm that invests globally in everything from real estate to coffee to biotech.
Over nearly four decades in the military, Petraeus traveled the world on diplomatic and intelligence missions. Even then, he says in a video posted Thursday on KKR's website, he occasionally viewed these trips through an investor's lens.
In the more than eight years since it was written, the open-source operating system Ubuntu's "Bug #1" has been seen as a rallying call. After all, the bug's title is "Microsoft has a majority market share."
But the entry was officially closed Thursday, partly because the "broader market has healthy competition" as Ubuntu leader Mark Shuttleworth writes in his comments on closing the bug today.
Even as parts of the U.S. are being devastated by tornadoes, hurricane season it just beginning - officially this Saturday. One of the toughest decisions for people when a storm is approaching is whether to evacuate. Pets add to that dilemma, since most shelters don't accept animals. Georgia Public Broadcasting's Adam Ragusea tells us about a new evacuation center that's trying to change that.
OK. The nomination we just heard about involves reaching across the aisle. That's not something we hear much about. When it comes to the federal budget, if it feels like we haven't heard about the budget in a while, there's a reason for that. The process is stalled. Back in March, the House and Senate passed vastly different spending plans. In theory, the next step would be a conference committee to hash out the differences, but a handful of senators are blocking that from happening.
Amazon asked subscribers of its video-streaming service to do the jobs usually left to focus groups and executives. The company released 14 pilot TV shows, then looked at customer reviews and view counts. Amazon announced five pilots have been approved for a full season.
If you've ever wanted to own a piece of the Empire State Building, I guess now is your chance. The building's investors have approved a plan to turn the iconic New York high-rise into a publicly-traded company. This could mark the end of a bitter struggle over the buildings future.