American Airlines floated the idea of eliminating pension programs for workers to help its financial situation. But now the airline is backing away from that idea.
It looks like the bankrupt airline could hand over employee pensions to the Pension Benefit Guaranty Corporation. The PBGC's Josh Gotbaum talks about what would happen.
Questions are being raised as to the economic future of England and the rest of Europe following Friday's summit. Demand for larger pickups is up, and Ford is discontinuing its Ranger line of smaller trucks. More and more young people are taking on full-time jobs as yoga instructors.
American Airlines' bankruptcy is seen as a strategic move to shed debt and come out more competitive, yet analyst Juli Niemann worries that it will harm smaller cities and towns.