It seems Barclays is set to admit defeat in the battle for Dutch bank ABN AMRO, in light of a cash offer by rival Royal Bank of Scotland. Stephen Beard reports on a possible resolution.
The record industry is finally going to trial after thousands of lawsuits against people who share music online illegally. The results of the trial could affect future lawsuits, as Jill Barshay reports.
A new report out says iPod-related crimes are on the rise. Scott Jagow talks to economics correspondent Chris Farrell about the evolving technology market and how we could curb "iCrime" in the future.
The House is reviewing Pentagon spending on reconstruction efforts in Iraq and Afghanistan. About a third of the $45 billion spent to rebuild Iraq was used for security. Jeremy Hobson reports.
Since purchasing U.S. Trust, Bank of America has been trying to shake its blue-collar image and appeal to weathy clientele. A new series of ads targets the self-made millionaire still remember where they came from. Amy Scott reports.
Online auction site eBay admitted that buying Internet telephony company Skype was not a good investment. Doug Krizner talks to technology reporter Dawn Chmielewski about why they're so surprised about low profits for a free service.
A group of banks and nonprofits launches a new program today that will make credit available to riskier borrowers without as much risk to the lenders. Sam Eaton explains how it works.
Wall Street's layoff count is up to 130,000, which is four times higher than last year. And Amy Scott reports that the ax is likely to fall even further beyond banking jobs.