Google Plans 4,000 Job Cuts at Motorola Mobility

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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."

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