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House Panel Votes To End Fannie, Freddie Bonuses

The House Financial Services Committee voted on Wednesday to suspend nearly $13 million in bonuses paid to executives at Fannie Mae and Freddie Mac. The measure would also prohibit future bonuses. The Senate is expected to take up similar legislation.
NPR

Carmakers' Volume Goes Up, Post Office's Goes Down

Chrysler will announce plans to add more than 1,000 jobs at an assembly plant in Toledo, Ohio, Wednesday. Meanwhile, the U.S. Postal Service says it could run out of money next year.
NPR

Perry Plan Would Make Big Changes To Washington

At an Iowa town hall meeting Tuesday, Republican presidential hopeful Rick Perry laid out a plan to, as he put it, uproot and overhaul the federal government. Among other things, Perry would end life-time tenure for federal judges including those on the Supreme Court, and make members of Congress take a 50 percent pay cut.
NPR

Steve Jobs Dishes On The Tech Business In 'Lost Interview' From 1995

When he died on Oct. 5, Steve Jobs was eulogized as the tech visionary who put elegantly designed gadgets into the lives of people who often hadn't realized the devices were essential — until Jobs, and Apple, created them. A recently recovered 1995 interview offers another chance to hear from the late CEO.
NPR

Olympus Scandal Could Hasten Disclosure Changes

One of Japan's most venerable corporations is facing possible bankruptcy and its executives face jail time. The corporate scandal has stunned the nation. Olympus, a maker of cameras and medical equipment that is a household name in Japan, has been cooking its books and covering losses dating back to the 1990s.
NPR

In Indonesia, Anger Against Mining Giant Grows

Workers at the world's largest gold mine, located in Indonesia's remote Papua province, have gone on strike for higher pay; several people have died in clashes with police. Critics say the mine's owner, American mining conglomerate Freeport-McMoRan, operates with impunity because of powerful friends.

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