Showdown in New York
Argentina has been trying for weeks to avoid going into default for the second time in 13 years. Negotiations with creditors -- mainly US hedge funds -- went down to the wire, and the negotiating partners stood their ground. Meanwhile, Standard & Poor's has declared Argentina to be in "selective default." The agency said the country had passed the final deadline for a $539 million dollar payment on its restructured debt.
Portugal's Espirito Santo business empire in crisis
Portugal's Espirito Santo family business has survived wars, dictatorship, revolution and family feuds for almost 150 years. Now one of Europe's last banking dynasties is being stripped of its wealth and influence amid accounting irregularities, huge unreported debts, and a police investigation.
Airbus's bio-monitor bees
In recent years, aircraft have become ever more quiet, fuel-efficient and low emission. And while it's possible to measure all those values, its been much harder to measure an aircraft's direct effect on the enivronment. Until now. Aircraft maker Airbus has a new team of environmental experts -- honeybees.