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2:00 pm
Wed December 14, 2011

Rancher Discusses Losing Money With MF Global

The bankruptcy of MF Global — and the mismanagement of its clients' money — is causing trouble for a lot of ranchers and farmers. They were major clients of MF Global, buying futures contracts to hedge against swings in the value of their crops and livestock. MF Global cannot account for more than a billion dollars of its customers' cash. Lynn Neary speaks with cattle rancher Tim Rietzke of Coldwater, Kan., about his lost money.

The Two-Way
1:59 pm
Wed December 14, 2011

Putin Loyalist Resigns As Russia's Speaker Of Parliament

Credit Dmitry Chistoprudov / AFP/Getty Images
Tens of thousands of protesters turned out in Moscow and other major cities across Russia in open defiance to strongman Vladimir Putin's 12-year rule.

The protests that have spread across Russia took a big political toll today, when the speaker of parliament announced his resignation. As the AP reports, the move appears to be tailored by Prime Minister Vladimir Putin as an attempt to "stem public anger."

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Economy
1:47 pm
Wed December 14, 2011

Michigan Town Grapples With Shrinking Public Sector

Tammi Warren has lived on the same winding street in the Detroit suburb of Inkster, Mich., all her life. But as she drives down the block in her Ford pickup, Warren points to several houses on her street that stand vacant, casualties of the housing market collapse.

Vacant houses mean less tax revenue for the city, and less revenue makes it harder for Inkster to provide basic city services.

"[The] city of Inkster has eliminated 38 positions," says City Treasurer Mark Stuhldreher. "It's about 25 percent, roughly, of the workforce."

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The Two-Way
12:26 pm
Wed December 14, 2011

Scientists Set New Internet Speed Record

Now, we all have reason to complain about the speed of our Internet connection. Scientists announced yesterday that they have broken the Internet speed record by transferring data at 186 Gbps between two cities.

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Rick Perry
12:17 pm
Wed December 14, 2011

5 Things You May Not Know About Rick Perry

Credit Alex Wong / Getty Images
Texas Gov. Rick Perry speaks at the Republican Jewish Coalition 2012 Presidential Candidates Forum in Washington, D.C., last week.

Originally published on Thu December 15, 2011 10:36 am

The eyes of Texas have been upon James Richard "Rick" Perry ever since he boot-scootin' boogied onto the public-service stage. Now political observers are watching Perry's fortunes fluctuate as a Republican candidate for president.

Political junkies have followed the career of Perry — an Eagle Scout, veterinary student and son of a farmer and a bookkeeper — from his initial election as a Democrat to the state House of Representatives in 1984. They have studied his endorsement of Al Gore for president in 1988. They watched him as he changed parties in 1989.

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