JPMorgan Cuts Dimon's Pay By 50%

Renesas Electronics Corp., the ailing Japanese chipmaker, plans to cut more than 3,000 additional jobs as it prepares to raise at least 150 billion yen ($1.7 billion) from a government-backed fund and customers.
Prada Full-Year Profit Drops 28%
50:56 - The slowdown in China has hurt earnings at Prada. The luxury brand posted a 28% fall in profit last year as fewer Chinese shoppers splurged. Bloomberg’s Yvonne Man reports on “First Up.” (Source: Bloomberg)
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