UBS Confirms 10,000 Job Cuts

UBS AG, Switzerland’s biggest bank, will cut about 10,000 jobs and retreat from capital-intensive trading businesses at the investment bank to boost profitability.
UPS Sees 'Mixed Signals' on U.S. Economy, Abney Says
45:52 - David Abney, chief executive officer of United Parcel Service Inc., talks about the company's second-quarter earnings, business strategy and outlook. Abney speaks with Olivia Sterns on Bloomberg Television's "Bloomberg Markets." (Source: Bloomberg)
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