BofA Cuts Jobs Amid Mortgage Slump

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Sept. 10 (Bloomberg) -- Bloomberg's Adam Johnson reports on today's top news headlines on Bloomberg Television's "Money Moves." (Source: Bloomberg)

-- and for bloomberg other top headlines, we will get you out to the newsroom.

Apple has introduced two new iphones, adding more colors and the less expensive model.

The fund go on sale september 20. it will launch simultaneously in the u.s., japan, and china.

The company says the iphone voice recognition application syri will be improved.

Expecting 7 million sold by just next month.

Bank of america cutting 2100 jobs and closing 16 offices by the end of october according to to people with direct knowledge.

This comes as mortgage lenders see higher interest rates, reducing demand to refinance loans.

Sandy lyle and his wife gave $100 million to cornell university medical school bringing the total donation to more than $600 million.

The gift will fund research for cures for cancer, diabetes, and obesity.

Cornell -- she received a bachelor's degree from cornell in 1955. coming up, we will speak with

This text has been automatically generated. It may not be 100% accurate.

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