Amid recent reports that Kodak could be headed into bankruptcy, financial advisers in Rochester, N.Y., where the company is based, are seeing more and more Kodak retirees who are anxious about their personal financial futures.
Once upon a time, Kodak provided secure, good-paying jobs to tens of thousands of local residents. For about the past 25 years, the company has been shedding local employees — from a high of more than 60,000 in 1982 to about 6,000 today.
After a train journey of nearly 6,000 miles from Moscow, the Russian Pacific port of Vladivostok can feel like a different country. The people and the language are still Russian, but the strong Asian influence is undeniable. And many residents say the bond to the rest of Russia has been growing weaker, while the ties to Asia have been growing stronger since the Soviet breakup two decades ago. NPR's David Greene has this report as he wraps up his journey on the Trans-Siberian railway.
It's hard to tell if the Occupy Wall Street protests had much impact on banks, but banks are doing some de-Occupying within their own ranks. It wasn't as bad as the massive layoffs following the 2008 meltdown, but last year was painful for Wall Street. Bank of America, Citigroup, Goldman, Morgan Stanley — almost all the big banks — announced big layoffs, totaling more than 60,000 employees.
Rick Santorum was fresh off his surprise showing in the Iowa caucuses and fielding questions on a radio program, when a caller challenged the Republican presidential candidate on his overt religiosity.
"He said, 'We don't need a Jesus candidate. We need an economic candidate,' " Santorum recalled later, at a town hall meeting in New Hampshire. "And my answer to that was, 'We always need a Jesus candidate, right?' "
Yet another foreign government has accused Americans of meddling in its internal affairs. It says U.S. donors are bankrolling local political activists, and it may be time for a crackdown on the political influence of outsiders.
The oil industry and environmentalists are fighting over the Keystone XL pipeline, and in this election year, President Obama is caught in the middle.
The industry says the pipeline, which would carry oil from Canada to the Gulf Coast, would create jobs. Environmentalists worry it will lead to more pollution. Obama has until next month to make a decision, and that has both sides lobbying heavily.
The U.S. military says it's investigating a video that appears to show Marines desecrating the corpses of Taliban fighters killed in Afghanistan. Regardless of those findings, the outrage in the Islamic world is likely to be severe, as with other disturbing images that have surfaced during U.S. wars in Muslim countries over the past decade.