Morgan Stanley Expected to Cut 700 Jobs by Year-End

July 19 (Bloomberg) -- Bloomberg's Betty Liu and Dominic Chu report that Morgan Stanley’s headcount will fall by more than 700 by the end of this year, Chief Financial Officer Ruth Porat said. Morgan Stanley has already cut 3,272 jobs since the start of 2012 and the firm expects that number to climb to 4,000 by the end of the year. They speak on Bloomberg Television's "In The Loop."

Michael Flynn Caught in a Lie: Charlie Rose
40:30 - Michael Flynn got caught in a lie because transcripts of his phone calls with the Russian Ambassador had turned up in an ongoing counterintelligence investigation. That investigation is examining ties between the Russian government and President Trump's inner circle. We are joined by journalist Tim Weiner on "Charlie Rose." (Source: Bloomberg)
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