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.
What the Declining Rig Count Means for Oil Prices
10:30 - Lipow Oil Associates President Andy Lipow discusses the declining oil rig count and the price of oil. He speaks on "Bloomberg Markets." (Source: Bloomberg)
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