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Updated: 2 min 32 sec ago

Microsoft Cuts 7,800 Jobs In Its Ailing Smartphone Business

Wed, 07/08/2015 - 3:30pm

Microsoft is cutting up to 7,800 jobs, which represents nearly 7 percent of the company's total workforce. The cuts are coming primarily from its smartphone business. It's evidence that Microsoft's attempt to mount a serious challenge to the leading mobile platforms, Apple's iOS and Google's Android, are not paying off.

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Greece's Tsipras Tells EU Leaders He Wants 'Socially Just' Solution To Crisis

Wed, 07/08/2015 - 3:30pm

Greek Prime Minister Alexis Tsipras appeared before European Parliament on Wednesday to propose what he called a "fair and viable solution" to the country's economic crisis.

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Subway Suspends Ties With Pitchman Jared Fogle

Wed, 07/08/2015 - 1:49pm

Authorities raided Fogle's home, but he has not been arrested or charged. Tuesday's raid puts a spotlight on Fogle's ties to the former head of a foundation he created to fight childhood obesity.

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Greece By The Numbers

Wed, 07/08/2015 - 11:11am

Forget about all the nebulous terms like "austerity," "bailout" and "capital controls." Here are the key numbers you need to know in the Greek financial crisis.

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Trading Halted On New York Stock Exchange

Wed, 07/08/2015 - 11:04am

The exchange says it "temporarily halted" trading as of 11:32 a.m. ET, but did not elaborate on the reason.

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Fact Check: 36 Percent Or Not? Inside Jeb Bush's Tax Math

Wed, 07/08/2015 - 10:01am

Did Bush really pay 36 percent over all those years of tax returns or not? Here's how the campaign got to that number.

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United Flights Grounded For More Than An Hour By 'Network Connectivity' Issue

Wed, 07/08/2015 - 9:46am

The FAA says it had issued a ground stop order for all U.S. airports at United's request. On its Twitter feed, United apologized for delays and promised to help unhappy travelers.

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For Third Straight Day, Chinese Markets Plunge

Wed, 07/08/2015 - 7:46am

The government tried to curb the panic by suspending some trade and also helping to buy stocks. The efforts, however, fell short. The Shanghai Composite closed down 5.9 percent.

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Greek Prime Minister Tells EU Leaders He Wants A United Europe

Wed, 07/08/2015 - 5:54am

Alexis Tsipras spoke to the European Parliament in more measured tones, acknowledging that Greece's financial plight was not just caused by creditors. But he also stood his ground on Greece's debt.

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Solution To Greece's Debt Crisis Remains Elusive

Wed, 07/08/2015 - 4:01am

Renee Montagne gets the latest from Wall Street Journal reporter Gabriele Steinhauser in Brussels, where European leaders are making a last-ditch attempt to keep Greece from leaving the eurozone.

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Stock Market Drop In China Raises Concerns About An Economic Crisis

Wed, 07/08/2015 - 4:01am

Chinese stock markets plunged for the third straight day this week. That was despite more government efforts to prop up share prices. The markets have lost some $4 trillion in the past 3 weeks.

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As Government Hunts For A Solution, Greeks Anticipate Catastrophe

Wed, 07/08/2015 - 3:33am

Greek banks have been closed for more than a week, and it's unclear when they will reopen. Many Greeks are worried that if the banks collapse, they will lose everything.

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A Factual Error Opens CNN Star Dr. Sanjay Gupta To Scrutiny Over Dual Roles

Wed, 07/08/2015 - 2:51am

Media critics are questioning Gupta's position as both a reporter and a doctor after he misidentified a surgery patient while in Nepal to cover April's deadly earthquake.

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Amid New Overtime Rules, More Employers Might Set Email Curfew

Wed, 07/08/2015 - 2:36am

As the Obama administration looks to expand the number of employees eligible for overtime pay, more companies may curtail the use of email after hours to cut labor costs.

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Carnival Expects to Begin Cruising To Cuba Next Year

Tue, 07/07/2015 - 4:49pm

The corporation has U.S. approval, and ships could head for Cuba beginning in May 2016. But travelers can't be just tourists. They have to fit into one of 12 government-established categories.

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Despite Large Cuts To Greece's Pension System, Creditors Want More

Tue, 07/07/2015 - 4:23pm

NPR's Robert Siegel interviews Matthew Dalton, a reporter for the Wall Street Journal, about how the Greek pension system has been as generous as reported.

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No One Can Drive New Jerseyans Away From Full-Service Gas

Tue, 07/07/2015 - 3:35pm

With Oregon moving toward allowing self-service, New Jersey will soon be the last state where you cannot legally pump your own gas. But most Garden State drivers seem to like it that way.

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Carnival Receives U.S. Permission To Operate Cruises To Cuba

Tue, 07/07/2015 - 3:35pm

Carnival has received U.S. permission to begin operating cruises to Cuba. The cruises will be offered through the company's new fathom brand, a cruise line that specializes in what the company calls "social impact travel." Passengers will travel under the categories approved by the Treasury Department, allowing people to visit only if they engage in activities that support the Cuban people.

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Chinese Stocks Take A Plunge Despite Government Efforts

Tue, 07/07/2015 - 3:27pm

China's stock market continues to fall despite massive government intervention. The Shanghai Index is down 30 percent since mid-June.

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Obama Administration Aims To Expand Access To Solar Power

Tue, 07/07/2015 - 11:48am

The White House is announcing a series of moves, including installing more solar energy units in federally subsidized housing, low cost loans for homeowners and a program to help renters.

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