RWE Will Cut 2,400 More Jobs After Demand Slump

RWE AG, Germany’s second-largest utility, will cut 2,400 jobs to reduce costs as plunging demand for power and natural gas left first-half profit stagnant.
Royal Bank of Scotland Braces for More Job Cuts
47:24 - March 4 -- On “Before The Bell,” Bloomberg’s Betty Liu, Alex Sherman and Joe Weisenthal run down the top stories of the day. They speak on “In The Loop.”
  • How Concerned Is Netflix Over Video Piracy?
  • Newark Airport Sees $120 Million Terminal Redesign
  • Alibaba Shares Fall to a New Low