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China bowing to public outcry over environment

Rajeshni Naidu-Ghelani, CNBCMarch 14, 2013 17:00
Rapid development at the expense of China's natural environment has become a major cause for discontent in the world's second largest economy, but now the government is finally bowing to public outcry, says a leading environmentalist.

US adds 300,000 new millionaires

Robert Frank, CNBCMarch 14, 2013 16:12
According to data from Spectrem Group, the Chicago-based wealth research firm, there are now 8.99 million U.S. households whose net worth totals $1 million or more (not including primary residence). That's up from 8.6 million in 2011 and just short of the all-time record set in 2006, when the United States had 9.2 million millionaire households.

South Korean stocks whacked as war threat looms

Dhara Ranasinghe, CNBCMarch 13, 2013 15:41
Increasing tensions with North Korea, a strengthening won versus the yen and weak economic growth — things are not looking great for South Korean equities, the second worst performing stock market in Asia this year.

Drug war by the numbers (Infographic)

March 13, 2013 15:53
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BOSTON — Here's the cost of the US government's drug strategy, in prisoners, dollars and trends.
Mac DefordMarch 15, 2013 06:58

What was Biden signaling in his pro-war comments on Iran to Israeli lobby?

Commentary: Is the vice president building his own hardline bona fides for 2016?
Biden aipac comments 3132013Enlarge
US Vice President Joe Biden addresses the American Israel Public Affairs Committee's annual policy conference at the Walter E. Washington Convention Center on March 4, 2013, in Washington, DC. Biden boldly confirmed the political, historical and military ties between the two countries and emphasized President Barack Obama's support for Israel, a country the president will visit later this month. (Chip Somodevilla/Getty Images)
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OWL’S HEAD, MAINE — Next week will mark the 10th anniversary of the United States' invasion of Iraq, the low point of many in George W. Bush's failed presidency.
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8 questions for Kevin Sabet: Should the US end the drug war?

March 14, 2013 06:00
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BOSTON — Former Obama administration advisor Kevin Sabet weighs in on the pros and cons of America's drug strategy.

Thailand's cola conflict leaves Pepsi out in the cold

Jim Edwards, Business InsiderMarch 11, 2013 14:14
For years, Pepsi was the No. 1 soda in Thailand, with a 48 percent market share. Coke was only the second most popular drink there, with 42 percent. But all that changed late last year when PepsiCo failed to renew a distribution contract. Pepsi's main retail distributor withdrew all Pepsi products from its shelves and replaced them with "Est," its own Pepsi-lookalike brand.

Qatar: No more financial aid for Egypt

March 11, 2013 12:25
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CAIRO — Egypt's foreign reserves have fallen to critically low levels, and the country has been plagued by rising inflation and a falling currency.

Hooters is chasing women — as customers

Martha C. White, CNBCMarch 8, 2013 17:22
Hooters has always been known for tank top-wearing "girls." Now, faced with declining sales, it's wooing women — as customers.

Watch out Yankees and Red Sox, it's a new era in baseball

Brian A. Shactman, CNBCMarch 8, 2013 17:20
In the world of professional baseball, there's a tectonic shift going on that's not getting enough attention. The era is over where the baseball world's axis turns on the New York Yankees and Boston Red Sox.
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