Greece keeps cutting its budget to help pay debts and avoid default but then its economy keeps contracting, making the problem worse. The new French President Francois Hollande wants to find a way to stimulate Europe's economy.
This is MORNING EDITION, from NPR News. Good morning. I'm David Greene.
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Americans now have a little more information on which to base their debate about Trayvon Martin. The teenager's killing in Florida - where he was shot by a man named George Zimmerman - prompted an intense and politically charged national discussion about violence, about gun laws and about race.
INSKEEP: Technology giant Hewlett-Packard is poised to eliminate as many as 30,000 jobs worldwide. These cuts, though, will reportedly spare China - the company's largest source of growth, as well as its research and development divisions.
All right. As protestors make their preparations outside, inside the NATO summit, there's an expectation that leaders will showcase a unified, long-term commitment to Afghanistan after the 2014 troop drawdown. The United States already signed a strategic security pact with Afghanistan, pledging support for that country until 2024. The Obama administration hopes to convince other countries at the summit to do the same, but as NPR's Jackie Northam reports, it could be a hard sell.
The head of JPMorgan Chase, Jamie Dimon, has gotten an invitation to testify in front of the Senate Banking Committee about his bank's recent trading loss of at least $2 billion.
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Dimon is very much the public face of his firm. In a Wall Street culture where banks are defined as much by the executives who run them is by the assets they hold. So, what kind of culture led to the multibillion dollar losses at JPMorgan Chase?
Mitt Romney is disavowing a plan by some wealthy Republicans to attack President Obama for ties to his controversial former pastor. Even the people behind that proposal said they are abandoning it after their idea was plastered on the front page of The New York Times.
The proposal centered on the Rev. Jeremiah Wright, who was a mentor to Obama before the two parted ways during the last presidential campaign.
Republicans unaffiliated with Romney were considering spending $10 million on a racially tinged advertising campaign tying Wright to the president.