Google Plans 4,000 Job Cuts at Motorola Mobility

Aug. 13 (Bloomberg) -- In "Street News," Bloomberg's Scarlet Fu reports on today's top stories including Julius Baer buys Merrill Lynch's non-U.S. wealth unit for nearly $900 million, Japan's economy grows slower than expected in the second quarter, Google plans to cut 4,000 jobs at Motorola Mobility and "The Bourne Legacy" takes the top sport at the weekend box office. She speaks on Bloomberg Television's "Bloomberg Surveillance."

Does the ECB Have to Act So Aggressively?
16:39 - David Owen, Jefferies chief European financial economist, discusses the outlook for ECB policy with Bloomberg's Alix Steel on "Bloomberg ‹GO›." (Source: Bloomberg)
  • Sales Check With Hudson's Bay CEO Jerry Storch
  • Black Friday Retail Sales: The Winners & the Losers
  • Battle of the Charts: Retail Traffic, Euro Versus Dollar