RIM Reports Loss, Delays BlackBerry 10 Release
June 28 (Bloomberg) -- Research In Motion Ltd., reeling from competition with the iPhone and Google Inc.’s Android, reported a bigger loss than anticipated, delayed the release of its new BlackBerry lineup and announced plans to cut 5,000 jobs. Sheila Dharmarajan reports on Bloomberg Television's "Street Smart." (Source: Bloomberg)
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"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
16:10 - Bombardier has announced it will slash 7,500 jobs during a second round of job cuts within the past 8 months. Bloomberg Intelligence Analyst George Ferguson explains whether these cost saving measures were necessary as the struggling aircraft maker awaits $1 billion in federal aid from the Canadian government on Bloomberg TV Canada's The Daily Brief. (Source: Bloomberg)