Kentucky needs an independent review of its tax-incentive programs to determine what they cost the state in lost revenue and if they produce the jobs intended, House Speaker Pro Tem Larry Clark, D-Louisville, told a Senate panel Tuesday.

States and companies have started investing very differently when it comes to the billions of dollars they are safeguarding for workers’ retirement. Companies are quietly and gradually moving their pension funds out of stocks. But states and other bodies of government are seeking higher returns for their pension funds. Higher returns come with more risk.

While some venture-capital firms and start-up companies backed by venture capital have hit tough times, others see an upside to the shakeout: better start-up deals.

CBS News correspondent Celia Hatton reports wind turbines that can be seen slicing the sky above rural Minnesota were manufactured more than 6,000 miles away by a Chinese company. They're helping to power the nearby town of Pipestone.

Brazil is sort of a strange country to throw into the “emerging market” category. Yes, it’s a growing country with a young and stabilizing democracy that has a long way to go in terms of technology, modernization and bridging a quality of life between very wealthy and very poor.

When the economy boomed, Indianapolis handed Navistar International $18 million in tax breaks for new machinery. But the recession has soured the tax deal for the city.