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American Airlines To Report 3rd Quarter Earnings

Most U.S. airlines are turning a profit these days but not American. The carrier is expected to announce on Wednesday that it lost money in the third quarter.
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Reforms Needed For Virginia State Leave System

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Virginia has hundreds of millions of unfunded liabilities on the books in the form of unused leave for state employees, a potential financial crisis in the making.

NPR

Obama Takes Aim At Republican Jobs Plan

Throughout his bus tour in the South, the president has pushed his American Jobs Act and hammered at the competing Republican plan. The GOP strategy, which many of the Republican presidential contenders have adopted, relies heavily on lower tax rates, more domestic energy production and fewer government regulations.
NPR

Big Banks Report Earnings This Week

Most big U.S. banks are reporting earnings this week. On Tuesday, Goldman Sachs said it lost money in the third quarter amid declining revenues and markdowns on its investments. Bank of America showed improved results, but it lost the biggest bank title to J.P. Morgan Chase.
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The Roots Of Record Foreclosures

RealtyTrac is showing a 14 percent rise in first time default notices between July and September. It's the first jump after five consecutive quarterly declines, suggesting that banks are gradually addressing their backlog of foreclosed homes. Michel Martin discusses the causes and impact of the mortgage crisis with industry observer and history professor Beryl Satter.
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Critic Warns: 'Look' At 9-9-9 Proposal's 'Numbers'

Herman Cain's 9-9-9 tax plan calls for a nine percent tax on what businesses make plus a nine percent tax on what individuals earn and an additional nine percent tax on what individuals spend. Cornell University economist Robert H. Frank, a critic of Cain's tax proposal, talks to Renee Montagne about the plan.
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Cain's 9-9-9 Plan Gets Positive Voter Reaction

Herman Cain's simplified tax plan has vaulted him into the spotlight and has sent his poll numbers soaring. But do people actually know much about the Republican presidential candidate's 9-9-9 tax plan, and how it would affect them?
NPR

Obama Drives His Jobs Message To N.C. Crowds

President Obama is drawing sharp contrasts between his jobs plan and the ideas put forward by Republicans in Congress, as he continues his bus tour through North Carolina and Virginia. That may not bring his jobs plan any closer to passing, but it does help frame the argument for the 2012 election.

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