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.
Opposition Leader Ahead in Nigeria Presidential Election
26:06 - Bloomberg’s Pimm Fox reports on today's top headlines on “Money Clip.” (Source: Bloomberg)
  • Charter to Buy Majority Stake in Bright House
  • Yemeni Weapons Storage Facility Hit By Saudis
  • Ex-Allergan CEO Converted Stock Holdings for $534M Cash