Treasury Boss Lew Says Economic Growth Lagging In Japan, Euro Zone

Posted On September 19, 2014

(Cairns, Australia) -- Treasury Secretary Jack Lew says Japan and the euro zone need to do more to grow their economies. Lew said this morning in Australia that the world economy continues to underperform and he said that's particularly true in the Euro Area and Japan. Lew's comments seem to be aimed at countries that…

Toyota Recalling 20,000 Late-Model Vehicles

Posted On September 19, 2014

(Undated) -- Toyota is recalling about 20-thousand vehicles over possible fuel leaks. The recall includes the 2015 model year Lexus RX and the 2014 Toyota Avalon, Camry, Highlander and Sienna. Toyota says a fuel delivery pipe could leak because it was not correctly welded. The automaker says it's not aware of any fires, crashes, injuries…

Warner Bros. Expected To Cut Up To 1,000 Jobs

Posted On September 19, 2014

(Burbank, CA) -- Warner Bros. Entertainment is gearing up to cut as many as a thousand jobs worldwide. "Variety" says the cuts will be made in late October or early November. In a memo earlier this month, Warner's CEO warned that layoffs were coming. The cuts would amount to more than ten-percent of the company's…

Home Depot Says 56 Million Cards May Have Been Affected In Breach

Posted On September 18, 2014

(Undated) -- Home Depot's recent breach may have affected 56-million credit cards. An investigation into the breach revealed cyber-criminals used malware to evade detection. The home improvement retailer has confirmed the malware has been eliminated from its U.S and Canadian networks. The company is taking steps to protect U.S consumers by offering enhanced encryption of…

New Round Of Layoffs At Microsoft

Posted On September 18, 2014

(Undated) -- Microsoft is one step closer to reaching its goal of cutting 18-thousand staff. The technology giant gave notice to 21-hundred employees Thursday. The job cuts were spread over different countries and teams. The newest round of layoffs came after 13-thousand employees lost their jobs in July, which means almost three-thousand more are in…