Siemens to Cut 4,700 Lighting Jobs to Save $1.3B

Siemens AG announced plans to eliminate an additional 4,700 jobs at its Osram lighting subsidiary to reap 1 billion euros ($1.3 billion) in cost savings as the market for traditional light bulbs shrinks.
Silk Road Investigators Charged With Extortion
41:56 - Today’s "BWest Byte" is $240,000 for the amount of money an undercover agent from the Silk Road investigation attempted to extort from a secret movie deal with 20th Century Fox. Bloomberg's Cory Johnson reports on "Bloomberg West." (Source: Bloomberg)
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