Fred Armisen demonstrated Google Glass, the all-the-rage wearable computer, on Saturday Night Live. Let's just say Armisen, as Weekend Update tech correspondent Randall Meeks, found a few flaws in the device.

Google Glass — the glasses with a computer, Internet and camera built in — is only the latest version of wearable technology. Off Book, a Web video series from PBS, explorers the future, from "smart" fabrics in clothing to devices that help measure your sleep patterns.

European leaders have vowed to keep the eurozone intact, but U.S. companies are making contingency plans in case Greece is forced to leave the currency union. Bank of America Merrill Lynch, for instance, has looked into moving cash into Greece so clients can continue to pay local employees.

The company released its first earnings report as a publically traded company Thursday.

As Spain's borrowing costs continue to go through the roof, the European Commission proposes a "banking union" for the 17-country eurozone. The plan would include a fund to protect individual governments from being overwhelmed by the cost of bank rescues.

The reputations of JPMorgan Chase, Morgan Stanley and Goldman Sachs have all been taken down a notch or two in recent days and months. If you're keeping up, the latest black eye came in the wake of last week's flubbed Facebook IPO.