New General Motors CEO Frederick Henderson says more plant closures and layoffs can be expected, and bankruptcy is 'more probable.' Kai Ryssdal speaks to car dealer Cyndie Mynatt about how GM's woes are affecting her business.
In a sign that the Treasury Department's plan to clear banks of toxic assets may be working, two private equity firms have formed funds to invest in troubled mortgages and bad debt. John Dimsdale reports.
Ahead of the G-20 summit, the British government is trumpeting a crackdown on tax evaders from certain countries. But some of the biggest tax havens may be found in the countries doing the whining. Stephen Beard reports.
The market has showed some modest gains recently. But to get the economy to really turnaround, commentator Tyler Cowen says investors need to know a lot more than we do right now.
Often, many students transfer from a community college to a four-year university. But in these tough times, some students are taking the opposite path. Emily Hanford reports from a college in Maryland.
Workers who are laid off not only lose their income, but also their health insurance. So one Seattle doctor is helping patients get the medical care they need — without the huge costs. Ruby de Luna reports.
A new federal tobacco tax will make it more expensive for smokers to buy their cigarettes. Money from the tax increase will be used to expand health insurance coverage to kids from low-income families. Ashley Milne-Tyte reports.