Layoffs at Countrywide made headlines yesterday, even as the company took out full-page newspaper ads to say everything's going to be OK. Meanwhile, Capitol One decided to quit the wholesale mortgage business. We asked Ben Steverman for a reality check.
This morning the Tribune Company board is supposed to approve an $8 billion deal to take the company private, but between the recent market volatility and a wilting newspaper industry, its original aim might be way off. Lisa Napoli explains.
Globalization has reached grade school. Thanks to the Internet and a little entrepreneurial spirit, some students are getting help with their studies from tutors on the other side of the world. Francesca Segre reports.
It's going to cost some $250 million to repair the collapsed highway bridge in Minnesota and there are already calls for more federal funds to fix other bridges around the country. So where's Congress going to get all that cash? Jeremy Hobson reports.
Don't buy that new DVD player yet. Just when you thought Sony had won the hi-def home movie war and established Blu-ray as the dominant format, two major movie studios yesterday helped HD-DVD strike back. Jill Barshay has more.