Business lender CIT is scrambling to work out a deal with its bondholders for a takeover, or it'll have to file for bankruptcy. Bob Moon reports on the fallout for the small businesses caught in the middle.
Nike is resigning from the U.S. Chamber of Commerce Board over disagreement on climate change. Steve Henn reports on why so many companies are leaving the chamber.
Iceland is expecting a wave of public anger over the dire state of the economy. Stephen Beard reports thousands of mortgage holders are likely to join a national repayment strike.
The House is inching closer to a vote on regulation proposals for the financial system. But commentator David Frum says we may need to think beyond regulation to prevent the next crisis.
Millions of Kenyans are going hungry because of a severe drought that has devastated harvests and caused food prices to more than double. Jennifer Collins reports.
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