As the price of oil climbs ever higher, no one is feeling the pain more than the nation’s airlines, and none more so than the world’s largest, American Airlines, which will spend more than $10 billion on jet fuel this year alone.  CNBC Managing Editor Tyler Mathisen goes behind the scenes to see how an airline, and an industry, are coping.

American Airlines cuts back on fuel waste.

Sumner Redstone may be 85 years old, but he's not even thinking of retirement.  The chairman of CBS and Viacom is one of the most powerful media moguls of our time, one of the wealthiest men in America, and, as David Faber reports, hasn't lost his relentless drive.

Sumner Redstone's passion for living.

On the decision to split CBS and Viacom. 

Talks about his experience during WWII. 

As the world’s attention turns to Beijing and the upcoming summer Olympics, Carl Quintanilla reports on a global icon about to take center stage: McDonald’s.  The American burger giant is a key sponsor of the summer games, a crowning touch to the company’s China strategy, which is to blanket the Asian superpower much as it has the U.S. itself.   Originally aired July 2007.

An opportunity for McDonald's.