VIDEO: Bankers call time on cyber crime
Martin Arnold on efforts to bring cyber hackers to account
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Jan. 21 — American Express will cut several thousand jobs this year across the company as part of a restructuring, according a person familiar with the decision. Bloomberg’s Scarlet Fu reports on “Street Smart.”
Jan. 20 — IBM’s profit beat analysts’ estimates in the fourth quarter, buying Chief Executive Officer Ginni Rometty more time to reinvent the company as a purveyor of cloud-computing software and services. Bloomberg’s Scarlet Fu and Cory Johnson report. Cumberland Advisors’ David Kotok also comments.
Two closed-end funds recommended by Bill Gross at the Barron’s Roundtable, plus a Meryl Witmer stock pick, are moving higher. Also: Phillips 66 shares jumped on a Barron’s recommendation.
As China’s growth rate falls to its lowest level in nearly 25 years, The WSJ’s Jacky Wong asks BlackRock’s head of China equities about the challenges China faces in 2015, and the tools officials have to address them.
Former US Treasury secretary on prospects for working families
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