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3:32pm

Mon September 12, 2011
Business

Bank Of America Tries To Right Acquisition Wrongs

A worker sweeps in front of a Bank of America branch in Chicago. On Monday, the bank announced plans to lay off 30,000 employees, or about 10 percent of its staff, over the next few years.
Scott Olson Getty Images

The nation's largest bank said Monday that it will cut 30,000 jobs over the next few years. Bank of America has been plagued by losses after buying the home lender Countrywide, and many investors have lost faith in the bank, driving its stock down 50 percent this year.

Meanwhile, Bank of America has been selling off parts of its business to raise more capital.

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3:06pm

Mon September 12, 2011
Europe

Potential Greek Default Worries European Politicians

Deepening concerns that debt-troubled Greece may default — and increasingly strident comments by several politicians in Germany about that possibility — helped send European markets sharply lower on Monday, raising worries about the sector's health.

The Stoxx 50 index of blue-chip European shares dropped 2.6 percent, with many of the continent's leading financial groups, such as Deutsche Bank and BNP Paribas, at one point falling as much as 11 percent on worries over their exposure to potentially bad European debt.

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2:20pm

Mon September 12, 2011
Theater

Broadway's 'Follies,' Sounding As Sumptuous As Ever

Dressy and juicy: Jan Maxwell plays socialite and former showgirl Phyllis Rogers Stone, one of four deeply unhappy characters at the show's center.
Joan Marcus

Make no mistake: With a cast of more than 40, Follies is a really big show. The legendary musical takes place on the stage of a Broadway theater, at a reunion of former showgirls, with a domestic drama unfolding in the present while the stage is literally filled with ghosts from the past.

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2:19pm

Mon September 12, 2011
Shots - Health Blog

Poll: Americans' Concern About Food Safety Drops

NPR

After the wave of illnesses tied to organic sprouts in Europe earlier this year, we figured the time was right to check in again on how Americans feel about the safety of food in this country.

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2:15pm

Mon September 12, 2011
Shots - Health Blog

Same Plant, New Month: Cargill Ground Turkey Recall, Take 2

Originally published on Tue September 13, 2011 11:05 am

Honeysuckle White is one of 3 brands of ground turkey being recalled.
Cargill

Food giant Cargill initiated another ground turkey recall over the weekend.

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