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."
Carter: U.S. Has to Be on Cutting Edge of Cyber Defense
59:08 - U.S. Defense Secretary Ashton Carter talks about his trip to the Silicon Valley, the relationship between technology community and the Pentagon, and the importance of cybersecurity. Speaking with Emily Chang on Bloomberg Television's "Bloomberg Markets," Carter also discusses the defense budget. (Source: Bloomberg)
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