Alcatel-Lucent to Reduce 5,000 Jobs After Slump

Alcatel-Lucent SA, France’s largest phone equipment supplier, plans to cut 5,000 jobs after posting a loss, as Chief Executive Officer Ben Verwaayen is under pressure to accelerate his turnaround effort.
Global Stocks Overvalued by Most Measures, Murphy Says
50:53 - Thomas Murphy, Sydney-based managing partner and co-founder of Family Office Research & Management Pty., talks about global stocks. Murphy also discusses Greece's debt problems and the European Central Bank's bond-buying program. He speaks with Angie Lau on Bloomberg Television's "Asia Edge." (Source: Bloomberg)
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