Microsoft to Cut Up to 18,000 Jobs

July 17 (Bloomberg) -- Microsoft said it will eliminate as many as 18,000 jobs, the largest round of cuts in its history, as Chief Executive Officer Satya Nadella integrates Nokia Oyj’s handset unit and slims down the software maker. Olivia Sterns reports on “In The Loop.” (Source: Bloomberg)
CMC's McCarthy on Commodities, RBA Policy, Markets
03:24 - Michael McCarthy, chief market strategist in Sydney at CMC Markets, talks about the rebound in commodities, the latest rate cut from the Reserve Bank of Australia, the nation's currency, and investment strategy. McCarthy also discusses China stocks. He speaks with Angie Lau on Bloomberg Television's "First Up." (Source: Bloomberg)
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