The existence of BP is at stake depending on what happens with the massive Gulf oil leak. BP has already lost almost a third of its market value in the last six weeks, even though the cost of the Gulf oil spill so far has only added up to about a billion dollars for the company. Jeremy Hobson reports.
At a G-20 meeting, the U.S. will urge Europeans to scrutinize their banks more closely and publish the results. But Europeans may prefer a more discreet approach. Stephen Beard reports.
Hewlett-Packard has announced a major restructuring that will lay off thousands. The changes are part of a trend among major computer firms to move away from building computers to providing services to the companies that buy them. Janet Babin reports.
Alan "Ace" Greenberg, former CEO of Bear Sterns, talks with Kai Ryssdal about his new book, "The Rise and Fall of Bear Stearns," whether he regrets anything he did at the company, and his experiences at the helm of a now-extinct investment bank.
This summer, stronger travel demand is going to run smack dab into a much smaller airline industry and all the crowded flights that will entail. Jeff Horwich reports.
For many folks, the 90s weren't a whole lot better financially than they are right now. But there wasn't a big rush to rescue homeowners suffering from a housing plunge, and the hard times never rose to the threat of a global catastrophe. Why? Bob Moon reports.
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