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UBS Profits Drop 54 Percent In 1st Quarter

The drop is blamed on a decrease in investment banking income, and because of an accounting charge on its debt. UBS is not alone, last week rival Credit Suisse announced a 95 percent drop in first quarter profits.
NPR

Texas Battling Pollution From Poultry Production

Americans are now consuming more chicken than beef or pork. To help meet the demand, Texas has become the sixth biggest state in poultry production. But more chickens mean more waste, and more pollution.
NPR

Dolby Wins Naming Rights For Oscar Theater

A home for the Academy Awards ceremony has been secured. The Kodak Theatre will now be called the Dolby Theatre. The audio technology company has signed a naming-rights deal with the real estate group that owns the property where the Oscar ceremony is held. Kodak, which filed for bankruptcy protection in January, gave up its naming rights.
NPR

Pfizer Settles Suit Involving Celebrex

Pharmaceutical company Pfizer has agreed to settle a lawsuit brought by Brigham Young University over the creation of the prescription pain reliever Celebrex. A jury trial had been scheduled to start later this month.
NPR

How Colleges Fight For Top Students

Colleges use money to woo top students. It's an effective tactic, but it drives up tuition for everyone else.
NPR

Should Banks Maintain Abandoned Properties?

Chicago has dug in its heels on a new city ordinance that puts banks on the line for securing and maintaining vacant homes. But the federal government, on behalf of mortgage backers Fannie Mae and Freddie Mac, is fighting the law in a test case that could affect other cities, too.

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