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NPR

Consumer Electronic Show Highlights Home Technology

As more devices connect to the Internet, more companies are flocking to the Consumer Electronics Show in Las Vegas. Dozens of them are hoping to bring all the appliances in your home online.
NPR

Looking Back On Bank Of America's Countrywide Debacle

Five years ago Friday, Bank of America announced it was buying one of the nation's largest mortgage lenders. Bank officials thought the deal to buy Countrywide Financial would cement Band of America's place at the top of the commercial banking business. But it did not turn out that way.
NPR

AmEx Travel Section Bears The Brunt Of Layoffs

American Express has announced plans to eliminate 5,400 jobs in the coming year. Expenses rose faster than revenue for the credit card giant and fourth quarter profits were down sharply. The company said the largest reductions would come in the global travel business.
NPR

Spain's Banks Face Layoffs, New Regulations

A major overhaul of Spain's banking system is in full swing. Felled by the housing crunch, Spanish banks are getting billions in rescue loans from Europe, but they'll have to lay off about 55,000 workers in exchange.
NPR

Geithner Began With 'Smoldering' Economy; What Does He Leave?

Timothy Geithner presided over Treasury at a particularly tumultuous time. The banking system was still in a crisis, and people were soon calling for his head. Naming his replacement four years later, President Obama said Geithner will be remembered "as one of our finest secretaries of the Treasury."
NPR

Black Market Pharmacies And The Big Business Of Spam

An apparent feud between two black market pharmacies sheds light on a shady global industry.
NPR

American Express To Cut 5,400 Jobs

The cuts will come primarily in the company's travel business, and account for about 8.5 percent of AmEx's 63,500- person workforce. American Express said it will take a $287 million restructuring charge associated with the layoffs.

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