Morgan Stanley to Cut 1,600 Investment Bank Jobs

Jan. 9 (Bloomberg) -- Bloomberg's Erik Schatzker and Stephanie Ruhle report that Morgan Stanley is cutting 1,600 investment banking jobs, nearly 6 percent of the unit. They speak on Bloomberg Television's "Market Makers."
Are Oil-Services Stocks a Little Bit Too Hot?
21:20 - American Petroleum Institute's Karen Moreau discusses the outlook for oil-services stocks with Bloomberg's Alix Steel on "Street Smart." (Source: Bloomberg)
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