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NPR

Did Bank's Culture Lead To JPMorgan's Big Loss?

David Greene talks to financial writer William Cohan about Jamie Dimon, the CEO of JP Morgan Chase. Before he was an award-winning journalist, Cohan was a banker at JPMorgan. The Justice Department is looking into the bank's risky trades which resulted in at least a $2 billion loss.
NPR

Hewlett-Packard Set To Lay Off 30,000 People

Hewlett-Packard reportedly has decided on a restructuring that will eliminate 30,000 jobs worldwide. The company isn't expected to say anything publically until next week when it announces quarterly earnings.
NPR

NASA, SpaceX Aim To Launch Private Era In Orbit

If all goes well, an unmanned capsule will become the first commercial spacecraft to visit the International Space Station. SpaceX and NASA have been working together to make this launch happen, navigating cultural differences between the young startup and the veteran agency.
NPR

The Long, Long, Long Road To New Rules For Banks

Nearly four years after the financial crisis — and two years after a major new law was passed — key details remain unresolved.
NPR

Facebook Stock Priced At $38 A Share Ahead Of Friday IPO

Facebook has priced its much-hyped stock at $38 a share in advance of its initial public offering Friday. It is expected to be one of the largest IPOs in history and the company is expected to raise as much $18 billion.
NPR

Reports: Hewlett-Packard Plans To Announce About 25,000 Job Cuts

The company may cut about 8 percent of its workforce as part of a restructuring.

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