Peugeot to Cut 1,500 Jobs as Europe Sales Plunge

PSA Peugeot Citroen, Europe’s second-largest carmaker, will eliminate an additional 1,500 jobs by 2014, deepening its workforce reduction as auto sales in the region plunge to a 17-year low.
Is U.S. Economy Too Dependent on Housing Market?
24:49 - Bloomberg’s Tom Keene examines a chart showing changes in the U.S. housing market. Jack and Suzy Welch also speak on “Bloomberg Surveillance.” (Source: Bloomberg)
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