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  • South Korea indicts the chairman of one of its biggest companies, Hyundai Motor group. He is charged with setting up a $100 million fund to bribe politicians. The scandal has already claimed one life, a government official who committed suicide. It also threatens a pillar of the Korean economy.
  • Bernard Ebbers, the former CEO of Worldcom, is sentenced to 25 years in prison for his role in what authorities call the largest accounting fraud in U.S. history. Ebbers, 63, was found guilty on charges of securities and reporting fraud. He is expected to appeal.
  • While much of the U.S. celebrates declining COVID-19 case numbers and hospitalizations, the opposite is true in Washington state, where the governor is extending mandates and restrictions.
  • Russia has long planned on expanding its oil drilling in the Arctic. But that relies on help from Western companies that are now pulling back because of the war in Ukraine.
  • From the start of the war in Ukraine, food policy experts have worried that a hunger crisis could be in the making, given how important Ukraine and Russia are to global food supply.
  • The Centers for Disease Control and Prevention released new data this week showing drug overdoses killed more than 107,000 people last year.
  • Robert Siegel talks with Charles Snee, senior editor at Linn's Stamp News, about the recently rediscovered "Ice House" envelope, believed to be lost for 38 years and recently rediscovered in Chicago. It has the only known cover of an 1869 Abraham Lincoln 90-cent stamp.
  • The hedge fund industry is one of the fastest growing corners of the investment world. Now Wall Street insider — and hedge fund manager — Barton Biggs has exposed the industry's cast of characters to scrutiny in the book HedgeHogging.
  • Jim von Rinteln, emergency management coordinator for Collier County, Fla., talks to Melissa Block about damage in the county, which experienced Hurricane Wilma as a strong Category 3 storm.
  • The Biden administration is working to address the shortage of baby formula in the U.S. as it faces pressure in Congress to do more.
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