NBC announced today it will slash 700 jobs and $750 million in expenses as it puts less money into news and prime time programming and more into new media. Dan Grech reports on the network's restructuring plan.
Southwest is expected to post healthy Q3 earnings today on the heels of rosy profits from American Airlines yesterday. Is this the long-awaited turnaround in the airline industry? Diantha Parker reports.
Members of the powerful oil cartel are expected to authorize production cuts to boost oil prices today when they meet today. Jeff Tyler takes a look at how that could impact the U.S. economy and consumers at the pump.
Secretary of State Condoleezza Rice is in Seoul today and Beijing tomorrow to try to bolster support for enforcing UN sanctions against North Korea, but she may be in for a lukewarm reception. Ruth Kirchner reports.