Google announced that its revenues grew 23% in the first quarter of the year. Earnings beat Wall Street expectations, but shares still fell in after-hours trading. Bob Moon reports.
For a long time, Washington Mutual used a catchy tagline in its ads, "The Power of Yes." And new investigations show it wasn't just talking the talk: widespread fraud throughout the company let it say yes to just about everybody. Alisa Roth reports.
The New York Times' Louise Story talks with Kai Ryssdal about a story she co-wrote involving a shadow bank that helped Lehman Brothers cover up risky investments that helped bring the company and economy to its knees.
For a long time, Washington Mutual used a catchy tagline in its ads, "The Power of Yes." And new investigations show it wasn't just talking the talk: widespread fraud throughout the company let it say yes to just about everybody. Alisa Roth reports.
The Senate is investigating the failure of Washington Mutual as it prepares to take up a big financial regulatory overhaul bill. Stacey Vanek-Smith gets more from Marketplace's Jeremy Hobson.
Analysts are predicting a strong first quarter for earnings, thanks to the fact that consumers are spending again. Brett Neely explores market projections and why they're more robust over last year.
Freelance business journalist John Carney and The Big Money's Heidi Moore talk with Bob Moon about why so many bankers went before the Financial Crisis Inquiry Commission claiming ignorance, and China's move to reevaluate its currency.
Former Citigroup executives testified on Capitol Hill about the bank's role in the financial crisis. One senior adviser insisted no on brought potential problems on Citi's balance sheet to his attention. So where does the buck stop? Jeremy Hobson reports.
In Goldman Sachs' eight-page annual shareholder letter, the Wall Street bank sought to reassure shareholders it's been acting in the best interest of its clients. Even when it was trading for itself. Jeremy Hobson reports.
Reuters blogger Felix Salmon and Fortune magazine's Leigh Gallagher talk with Kai Ryssdal about the latest jobs report and what's going on with CEO compensation.
