Siemens to Cut 11,600 Jobs as Company Streamlines

May 30 (Bloomberg) -- Siemens CEO said Europe’s largest engineering company will eliminate at least 11,600 positions as it cuts about 1 billion euros ($1.34 billion) in costs. Hans Nichols reports on Bloomberg Television's "Countdown." (Source: Bloomberg)

Harte, Calvasina on the Impact of Bank Stress Tests
53:32 - Jeffery Harte, analyst at Sandler O'Neill, and Lori Calvasina, chief U.S. equity strategist at Credit Suisse Securities, discuss stress tests on banks and what it means for investing. They speak with Bloomberg's Alix Steel and Jonathan Ferro on "Bloomberg Daybreak: Americas." (Source: Bloomberg)
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