Over the next three years, RBS will cut 3,500 jobs. That's in addition to more than 30,000 layoffs that happened over the last two years. In the U.S., RBS runs Citizens Bank with branches in about a dozen states.
For more, see Adam Davidson's cover story in this month's issue of The Atlantic.
Greenville County, South Carolina is where manufacturing's past and future live side by side. This is not a metaphor; it's a visible fact. In South Carolina, and throughout America, factories produce more than ever. Yet in Greenville, there are abandoned textile mills everywhere you look.
Vast new tracts of the Internet are up for sale as of Thursday. The Internet Corporation for Assigned Names and Numbers, known as ICANN, is forging ahead with plans to sell new domain categories despite some vocal opposition from regulators and advertisers.
Forget .com or .org — for a registration fee of $185,000, applicants can register a new suffix like .music, or perhaps a brand like .NPR. If you think of the Internet as virtual land, new continents are now on the block.