RIM has replaced its co-CEOs, Jim Balsillie and Mike Lazaridis, with Thorsten Heins, the current chief operating officer. What's next for RIM and the BlackBerry line?
The conditions of the early 2000s made big banks great profit machines. Now they aren't looking so good.
Mitt Romney is casting his campaign as a defense of free enterprise, hard work, and risk-taking. Easy for him to say: the higher you go on the economic ladder, the easier it is to make money without taking any personal financial risk at all. The lower you go, the bigger the risks.
Stocks on the Dow rise for the third day in a row, buoyed by falling jobless claims and better readings from leading indicators.
The Dow lost 200 points to close at 11766. Bank of America plunged 4 percent; other big banks also faltered.