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Xerox

Office equipment company Xerox is in trouble. Today, Xerox reported its first quarterly loss in sixteen years. As NPR's Jack Speer reports, the company is selling off assets and laying off employees to try and reduce its debt load. It is also seeking to regain dominance of the market for copiers and low-price printers, after ceding much of the territory to aggressive competitors such as Ricoh, Canon and Hewlett Packard.

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