Treasury Secretary Paulson will attend the G-7 meeting in Washington, although he says it's unlikely it will produce a global economic plan. Megan Williams has more.
European leaders are meeting ahead of Washington's G8 meeting to try to come to a unified economic stance. Megan Williams reports one big issue is whether or not to set up more coordinated banking oversight.
The E.U. is looking into a plan to put new order to a wide range of financial institutions throughout Europe. Megan Williams reports the regulations overhaul 10 years in the making could be passed tomorrow.
Posted In: Economy, Mergers and Acquisitions, Wall Street
The $1.7 billion deal also saves about 10,000 jobs. Those workers are relieved, but Lehman didn't get the price it wanted. Megan Williams talks to a financial analyst about how this affects the global market.
In southern Italy most small businesses pay protection money to the Mob. But a movement to fight back is gaining ground. For the first time, a restaurant owner has reported the extortion to the police and named names. Megan Williams has the story.