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Bloomberg Business: Oil Holds Below $50 as U.S. Supplies Seen Worsening Global Glut
Copyright 2015 Bloomberg. NK9ABM6K50YI (Bloomberg) — Oil traded below $50 a barrel before U.S. government data forecast to show crude inventories expanded from a record high in the world’s biggest consumer. Futures were little changed in New York after falling 2.7 percent on Monday. Crude stockpiles probably rose by 3.75 million
IBM Starts Undisclosed Number of Job Cuts Among U.S. Workers
©2016 Bloomberg News O3FTHW6KLVRA (Bloomberg) — IBM has started to cut some jobs in the U.S., part of what it says is a strategy to shift the workforce more toward cloud computing and artificial intelligence operations. The company currently has more than 25,000 open positions, and the “workforce rebalancing” is
