Janet Babin

Been waiting to see which high definition format wins out? One firm has developed a laser head that can read both Blu-ray and HD-DVD discs — but do consumers even want high definition? Janet Babin reports.

Lawmakers are expected to introduce legislation today to clamp down on the mostly unregulated hedge fund industry. But those hoping for a shorter leash shouldn't hold their breath, Janet Babin reports.

Telecom equipment maker Nortel said yesterday it was cutting 1,100 jobs and scaling back its pension program to help it compete in an increasingly tight market. Janet Babin reports.

Investor enthusiasm for ethanol-maker Aventine's IPO this week might be even bigger than rival VeraSun's recent public stock offering. Janet Babin reports.

A report out today says the Securities and Exchange Commission is investigating a major US hedge fund for possible insider trading. The investigation is so sensitive that even the SEC's handling of the matter is under review. Janet Babin reports.

Nurses in four cities have filed lawsuits naming two big hospital chains, saying their employers illegally shared wage information. They're demanding millions in back pay and other compensation. Janet Babin reports.

IBM announced yesterday it's developed a microprocessing chip 100 times faster than anything else on the market. But don't expect it to hold that title for long. Janet Babin reports.

Verizon has sued Vonage, claiming that the company is using its patented technology to offer phone service over the Internet. Janet Babin gives us a damage report.

Turns out law enforcement agencies are turning to data brokers in the private sector if they need phone records fast. But these data companies could be using tactics that break the law and Congress is looking into it. Janet Babin reports.

Nissan North America opens its new headquarters today in Tennessee with 300 fewer jobs than it had at its old headquarters in Los Angeles. What else will it lose in the move? Janet Babin reports.