Alabama-based Colonial Bank collapsed Friday, bringing the total number of US bank failures so far this year to 77: here.
Just as the New Orleans Superdome, packed with refugees from Hurricane Katrina, shocked the world in 2005, the scene in Inglewood, California gives a glimpse of the social crisis devastating America: here.
USA: Upper echelons of high-rolling chief executives were dominated by the executives running energy businesses which prospered as the commodity prices soared last summer: here.
UK unemployment rose to a 14-year high in June, as economists warned it could surpass the 3.5 million mark: here.
Britain: Banking giant Barclays has handed millions of pounds of “compensation” to Barclaycard chief executive Antony Jenkins after he failed to win a promised promotion: here.