Lawmakers in the House are expected to vote on a jobs act Tuesday. Part of the legislation would allow the public to make investments in start-up companies and small businesses. These companies could raise money online or through social networks. The bill would lift SEC regulations that restrict soliciting investors.
Pope Benedict is in Cuba, Latin America's least Catholic country. He arrived Monday in Santiago, where Cuba's revolution began in 1953. He urged Cubans to seek unity and overcome their divisions, but his message wasn't especially political.
Groups within the Occupy Wall Street movement are trying to overhaul the banking system and even dream of creating a new kind of bank.
Occupy isn't in the headlines so much these days, but work continues behind the scenes. The Alternative Banking Group of Occupy Wall Street meets weekly in different places. Members are older than some might think — in their 30s, 40s and 50s — and many work or formerly worked in the financial industry.
The Pennsylvania capital Harrisburg is more than $300 million in debt. The budget is controlled by a state-appointed custodian. City and law enforcement services are under strain and residents worry violent crime may be growing.
And our last word in business today is: billion euro real estate. That's how much artist Frank Buckley's Dublin apartment cost. In theory, he actually got the materials for free from Ireland's central bank.
The walls, furniture and detailing in his apartment are all made from bricks of shredded euro notes. Buckley estimates each brick contains 40 or 50,000 euro's worth.
FRANK BUCKLEY: I collected two trailer-fulls of shredded notes - 1.4 billion euro.