Investors Cheer Citi Jobs Cuts, Push Stock Higher
Dec. 5 (Bloomberg) -- Bloomberg's Dominic Chu reports that investors are reacting positively to Citigroup's announcement of 11,000 job cuts while taking a $1 billion fourth-quarter charge and looks at the company's warning to investors on SAC Capital. He speaks on Bloomberg television's "Money Moves."
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Justices Ginsburg and Sotomayor: Charlie Rose
53:28 - Justice Ruth Bader Ginsburg and Justice Sonia Sotomayor join us at the New York City Bar Association for the hour. The Supreme Court kicked off its term this month with only 8 justices following the death of Supreme Court Justice Antonin Scalia. The Court has been evenly divided since the death of Justice Scalia with four cases resulting in a tie. Senate Republicans have refused to hold confirmation hearings for Judge Merrick Garland, President Obama's nominee, insisting the next president should fill the vacancy, hanging the Court's future on the outcome of the election. (Source: Bloomberg)