How a Newspaper Made Money By Charging Nothing
The London Evening Standard newspaper lost money when it charged for each copy. Now it has switched to giving the newspaper out for free the company has made a profit. Andrew Mullins, managing director of the Evening Standard, discusses how the company did it.
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Goldman's Careful Approach to Job Cuts
20:29 - The first "plant layoff" notice came in February: 43 people would lose their jobs. The second arrived six weeks later, increasing the cuts to 109 workers. Then a third, in April, for 146 more. And a fourth, in June: 98. Three more notices followed, including 20 dismissals announced last week. The "plant" in question -- Goldman Sachs Group. Bloomberg's Dakin Campbell has more on "Bloomberg Markets." (Source: Bloomberg)